Dhanuka Agritech rises on setting up R&D centre in Haryana
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Dhanuka Agritech is currently trading at Rs. 729.65, up by 1.80 points or 0.25% from its previous closing of Rs. 727.85 on the BSE.
The scrip opened at Rs. 736.50 and has touched a high and low of Rs. 736.50 and Rs. 728.00 respectively. So far 1496 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 855.05 on 31-Dec-2021 and a 52 week low of Rs. 630.65 on 29-Sep-2022.
Last one week high and low of the scrip stood at Rs. 745.00 and Rs. 716.65 respectively. The current market cap of the company is Rs. 3397.42 crore.
The promoters holding in the company stood at 70.00%, while Institutions and Non-Institutions held 20.64% and 9.37% respectively.
Dhanuka Agritech has set up a new research and development (R&D) centre at Palwal in Haryana with an investment of Rs 10 crore. The facility, which is part of 6-acre campus, will be open for farmers, researchers and other stakeholders of the agriculture sector. The company also provide practical training to farmers in fields.
The R&D centre will have organic synthesis lab, analytical lab, formulation lab, soil and water analysis lab, agri R&D lab, botanicals lab, bio-pesticides lab, bioassay lab, insect-rearing lab and training centre. The facility is equipped to undertake basic, applied and adaptive research to address current and future challenges for the sustainable development of Indian agriculture.
Dhanuka Agritech is one of India’s leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits & vegetables, plantation crops and others.
