Anupam Rasayan shares jumped 2% intraday to a high of ₹1,266.30 after it signed a six-year supply deal with a US specialty metal maker.

The Ahmedabad-based chemicals company said the American manufacturer, whose name it hasn’t disclosed, will use the supply to support its global operations.

What’s notable is the segment: geological resources, an area Anupam Rasayan hasn’t served before.

Until now, its business has mostly revolved around agrochemicals, pharmaceuticals and performance materials. Shipments won’t begin immediately.

The company expects dispatches to start only in the latter half of the third quarter of FY27, and the payment structure is tied entirely to the quantities delivered over the six-year period rather than a fixed upfront amount.

Managing director Anand Desai called it the start of a long-term relationship, adding that the company’s manufacturing standards and reliability should help build trust with its new partner over time.

This deal adds to a string of recent moves. In July, Anupam Rasayan signed a non-binding letter of intent worth up to $300 million with Basquevolt to explore battery and electronic chemical supply.

In May, it agreed to acquire a controlling stake of up to 48.2% in Bliss GVS Pharma for more than ₹1,369 crore.

Last month, management raised its full-year revenue growth guidance to above 30%, up from an earlier 20-25% band, citing steady demand from its pharma and polymer businesses.

For the June quarter, consolidated revenue grew 35% year on year to ₹655 crore, while net profit rose 14% to ₹38.6 crore.

Anupam Rasayan now runs eight manufacturing facilities across India and the US, following its acquisition of Jayhawk Fine Chemicals in the US.

In June 2026, it also commercialised Ethyl Trifluoroacetate through its continuous flow chemistry platform, a specialty chemical used in pharmaceutical and agrochemical applications.

At 10:02 am on Monday, the stock was trading at ₹1,252.40 on the NSE, up 1.11% for the day.

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