01-01-1970 12:00 AM | Source: Accord Fintech
Advanced Enzyme Technologies surges on entering into distribution agreement with Azelis Singapore
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Advanced Enzyme Technologies is currently trading at Rs. 349.95, up by 5.95 points or 1.73% from its previous closing of Rs. 344.00 on the BSE.

The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 358.05 and Rs. 341.05 respectively. So far 10886 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 503.00 on 19-May-2021 and a 52 week low of Rs. 299.15 on 22-Dec-2020.

Last one week high and low of the scrip stood at Rs. 358.55 and Rs. 341.00 respectively. The current market cap of the company is Rs. 3923.88 crore.

The promoters holding in the company stood at 52.55%, while Institutions and Non-Institutions held 24.93% and 22.52% respectively.

Advanced Enzyme Technologies has entered into a Mutually Exclusive Distribution Agreement with Azelis Singapore for the distribution of food enzymes and probiotics for the food & dietary supplement industry in Indonesia, Malaysia, Philippines, Singapore, Thailand & Vietnam.

By combining the decades long experience of the two companies in their respective fields, customers would benefit with strong technical support, local presence, quick service and faster turnaround with customized solutions.

Advanced Enzyme Technologies is a research driven company with global leadership in manufacturing of enzymes and probiotics. It is the largest Indian enzyme company engaged in the research and development, manufacturing and marketing of vast proprietary products developed from many indigenous enzymes & probiotics.