India, Feb. 6 -- A small-cap company engaged in the manufacturing of bio-based chemicals and ethanol has come into the spotlight after its stock surged 16 percent today, attracting strong investor interest amid heightened trading activity.

With the market capitalization of Rs. 1,458.00 crore, the shares of Godavari Biorefineries Limited is trading at Rs. 286.10, up by 12.35 percent from its previous day's close price of Rs. 254.65 per equity share. The stock has touched an intraday high of Rs. 296, which implies a high of 16.24 percent from previous day's closing price.

Why did the stock jump by 16 percent? Godavari Biorefineries shares surged after the company announced a strategic partnership with Synthomer to develop and commercialis...