Synopsis: The shares of this small-cap chemical stock are in focus after it acquired Jayhawk Fine Chemicals for about $150 million in a strategic move to operate onshore manufacturing plants in the U.S. and more.

This company, which is engaged in the manufacturing of speciality chemicals, which are sold locally as well as exported to other countries, had its shares in the news following the announcement of this strategic acquisition, benefiting the company in the international markets.

With the market cap of Rs 15,027 crore, the shares of Anupam Rasayan India Ltd had hit its intraday high at Rs 1,333.30, rising by about 3 per cent compared to its previous day closing price of Rs 1294.15 . The shares are trading at a PE of 99, whereas its industry PE is at 30, and have given a return

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