Bengaluru, Sept. 17 -- The shares of the Small-Cap company specializing in the mining, manufacturing, and trading of various industrial minerals and their derivative products, jumped upto 4 percent upon signing a long-term Strategic Agreement with China Railway.

With a market capitalization of Rs. 5,997.61 crores on Wednesday, the shares of Ashapura Minechem Ltd jumped upto 3.8 percent, making a high of Rs. 644.00 per share compared to its previous closing price of Rs. 620.40 per share.

What Happened

Ashapura Minechem Ltd, engaged in the mining, manufacturing, and trading of various industrial minerals and their derivative products, has announced that through the company's overseas Subsidiary, it has executed a Strategic Co-operation A...