Gujarat Ambuja Exports zooms on inaugurating Maize Processing Unit in West Bengal
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Gujarat Ambuja Exports is currently trading at Rs. 267.00, up by 12.25 points or 4.81% from its previous closing of Rs. 254.75 on the BSE.
The scrip opened at Rs. 256.60 and has touched a high and low of Rs. 267.40 and Rs. 253.00 respectively. So far 86559 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 393.85 on 19-Apr-2022 and a 52 week low of Rs. 151.00 on 21-Dec-2021.
Last one week high and low of the scrip stood at Rs. 267.40 and Rs. 232.50 respectively. The current market cap of the company is Rs. 6051.01 crore.
The promoters holding in the company stood at 63.84%, while Institutions and Non-Institutions held 5.23% and 30.93% respectively.
Gujarat Ambuja Exports has inaugurated the 1200TPD Maize Processing Unit at Malda, West Bengal. The Greenfield Project is fully equipped with a Captive Power Plant, Effluent Treatment Plant and an in-house Maize storage capacity of 1,20,000 Tonnes. The trial production has commenced and the commercial production with full capacity utilisation will be achieved in the coming quarter.
Gujarat Ambuja Exports (GAEL) is principally involved in the Agro-processing business with dominance in Maize products and Edible oils.
