A-1 Limited Share Price Jumps 5% Today, Extending Its 112% One-Month Rally

Ahmedabad, November 27: A-1 Limited share price is witnessing heavy investor demand today, after a recent ₹127.5 crore order win. As of 2:00 PM, A-1 Limited shares were up by 5%, or 127.70 points and were trading at ₹2,682.45. Until now, the shares have traded within a range of ₹2,682.45 and ₹2,682.40. The traded volume for the A-1 Limited stock stood at 55.91 thousand shares, with the company’s market cap at ₹2,938 crore. The shares have their 52-week high at ₹2,682 and their 52-week low at ₹353.15.

A-1 Limited (BSE: 542012) is an Indian company that is engaged in the wholesale trading and logistics of industrial acids and chemicals. It supplies numerous chemical products, such as Sulphuric Acid, Nitric Acid, and Methanol. However, the company has recently shifted its business focus to the Clean Mobility/Electric Vehicle (EV) sector. The company was established in 2004 and is headquartered in Ahmedabad, Gujarat.

Shares Rise After A Recent ₹127.5 crore Order Win

The shares of the company have been climbing for the last few days after the company announced on November 25 that it has won a ₹127.50 crore industrial urea order. Sai Baba Polymer Technologies has awarded the order to the company and includes the supply of 25,000 MT of Industrial Urea – Automobile Grade.

Furthermore, the company also announced a proposal for a 3:1 bonus issue, 10:1 stock split, and to increase its authorised capital from ₹20 crore to ₹46 crore on the same day.

Investor Takeaway for A-1 Limited

The shares of A-1 Limited have provided remarkable returns to shareholders. The shares are up by 112.27% in 1 month, 307.23% in 3 months, 372.18% in 6 months, 566.53% year-to-date, and 627.64% in 1 year. The shares have hit their 5% upper circuit today, as investors are buying the shares in heavy quantities. With this performance, it is expected the shares will end the week on a high note.

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