Bambino Agro Industries surges on starting commercial production at new factory in Sonipat
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Bambino Agro Industries is currently trading at Rs. 383.75, up by 20.75 points or 5.72% from its previous closing of Rs. 363.00 on the BSE.
The scrip opened at Rs. 365.45 and has touched a high and low of Rs. 390.00 and Rs. 362.95 respectively. So far 4351 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 461.00 on 23-Mar-2022 and a 52 week low of Rs. 251.05 on 13-Jun-2022.
Last one week high and low of the scrip stood at Rs. 390.00 and Rs. 340.10 respectively. The current market cap of the company is Rs. 307.34 crore.
The promoters holding in the company stood at 74.96% while Non-Institutions held 25.04% stake in the company.
Bambino Agro Industries has successfully commenced the commercial production at new factory (leasehold) situated at Gohana, Sonipet with effect from December 27, 2022. The company has expanded operations with an additional capacity of 2100MT/ month. The total production capacity (all units) of the company has been increased from 1400MT/ month to 3500MT/ month.
Bambino Agro Industries is primarily into the manufacture of pasta and food products such as vermicelli, macaroni etc.
