Kothari Fermentation & Biochem trades higher on launching Yeast Extract Powder, Mono Oligo Saccharides
Kothari Fermentation & Biochem is currently trading at Rs. 83.45, up by 1.40 points or 1.71% from its previous closing of Rs. 82.05 on the BSE.
The scrip opened at Rs. 84.55 and has touched a high and low of Rs. 84.55 and Rs. 81.15 respectively. So far 366 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 112.90 on 11-Jun-2021 and a 52 week low of Rs. 47.00 on 04-May-2021.
Last one week high and low of the scrip stood at Rs. 94.00 and Rs. 78.05 respectively. The current market cap of the company is Rs. 123.00 crore.
The promoters holding in the company stood at 74.91%, while Non-Institutions held 25.08%.
Kothari Fermentation & Biochem has launched its new product Yeast Extract Powder and Mono Oligo Saccharides (Mannan and Beta Glucan). This product is mainly used in Pharmaceutical sector and also suitable for food and food stuff, dietary foods, beverages, soups, seasonings, low calorie food, Nutritional filler, Microbial growth media, fermentation substrate Biotech, Biotech Research, etc.
Kothari Fermentation & Biochem is engaged in manufacturing of fresh yeast for foods, inactive dried yeast for pharmaceutical and yeast probiotic feed supplements.
