The Indian benchmark indices witnessed a weak start on Monday, December 15, 2025, with the Nifty 50 and Sensex trading lower by around 0.30% in early deals. Despite the subdued opening of the frontline indices, stock-specific action remained active on the bourses.
One such stock that grabbed investors’ attention was A-1 Limited, which hit the 5% upper circuit limit during the session.
A-1 Limited (formerly A-1 Acid Limited), a listed chemical trading and logistics company headquartered in Ahmedabad, has entered into a tri-partite long-term supply arrangement with leading corporates for the supply of 10,000 metric tonnes of concentrated nitric acid.
Under this agreement, the company will facilitate the supply of 10,000 metric tonnes of concentrated nitric acid for industrial use during the period November 2025 to March 2026, with a provision for additional quantities subject to mutual consent.
The tri-party arrangement involves Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) as the manufacturer, while Solar Industries India Limited and its group companies will act as the buyer and end user. A-1 Limited will serve as the dealer for the entire transaction.
This arrangement further strengthens A-1 Limited’s presence in the industrial chemicals supply chain and deepens its engagement with large, nationally reputed corporates. The agreement enhances volume visibility for the company and reinforces its role as a trusted distribution and marketing partner in the speciality chemicals segment.
In addition to the nitric acid supply arrangement, A-1 Limited has recently received an order worth ₹127.5 crore for the supply of 25,000 metric tonnes of automobile-grade industrial urea from Sai Baba Polymer Technologies, to be delivered across manufacturing locations in India.
The delivery schedule will be aligned with client requirements, and the total order value, including GST, stands at ₹150.45 crore. This order is expected to boost the company’s operating revenue and highlights the growing demand for its automobile-grade industrial urea business. It also enhances order book visibility across key units and supports the company’s strategy to expand its footprint in the automotive chemicals value chain, while maintaining a diversified and resilient customer base.
On Monday, December 15, 2025, A-1 Limited’s share price was locked at a 5% upper circuit, with early trading volumes standing at 91,710 shares. The stock has delivered strong returns across timeframes, gaining 13.18% over the past one month, surging 114.23 per cent in the last three months, and rising by an impressive 255.90% over the past six months.
A-1 Limited carries a legacy of over five decades in industrial acid trading, distribution, and logistics. The company has been undergoing a transformation towards becoming a future-ready mid-cap ESG-focused player, backed by diversified revenue streams, scalable capabilities, and a growing presence across institutional markets.