Bengaluru, Oct. 27 -- The shares of this chemical company which is one of India's largest traders and distributors of industrial acids and chemicals hit a 20 percent upper circuit, following a strategic acquisition and its diversification from its primary chemical business to clean mobility.

With a market cap of Rs 1,453 crore, the shares of A-1 ltd hit the 20 percent upper circuit at the price of Rs 1,264 today compared to its previous day close of Rs 1,053 . The shares have also hit its 52 week high today. It has provided a 3 year return of Rs 316 percent.

All about strategic diversification

A-I Limited has acquired an additional 6 percent stake in A-1 Sureja Industries, a manufacturer of battery-operated two-wheelers. It earlier own...