Vishwaraj Sugar Industries jumps on commissioning bagasse pelletizing machine
Vishwaraj Sugar Industries is currently trading at Rs. 19.60, up by 0.39 points or 2.03% from its previous closing of Rs. 19.21 on the BSE.
The scrip opened at Rs. 19.01 and has touched a high and low of Rs. 19.87 and Rs. 19.01 respectively. So far 753613 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 21.35 on 20-Dec-2022 and a 52 week low of Rs. 13.13 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 19.87 and Rs. 18.58 respectively. The current market cap of the company is Rs. 369.18 crore.
The promoters holding in the company stood at 33.69%, while Institutions and Non-Institutions held 0.01% and 66.30% respectively.
Vishwaraj Sugar Industries has commissioned the Bagasse Pelletizing Machine to convert loose bagasse into bagasse pellets. This will help the company in storing the bagasse in lesser space, reducing wastage and effectively using the bagasse in the boilers.
Vishwaraj Sugar Industries is an integrated sugar and other allied products manufacturing company operating from Belgaum District in the State of Karnataka.
