Best Agrolife soars on inking MoU with Shanghai E-Tong Chemical
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Best Agrolife is currently trading at Rs. 627.00, up by 13.80 points or 2.25% from its previous closing of Rs. 613.20 on the BSE.
The scrip opened at Rs. 618.25 and has touched a high and low of Rs. 651.60 and Rs. 617.95 respectively. So far 13100 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 888.30 on 14-Dec-2023 and a 52 week low of Rs. 453.75 on 28-Mar-2024.
Last one week high and low of the scrip stood at Rs. 651.60 and Rs. 592.05 respectively. The current market cap of the company is Rs. 1481.22 crore.
The promoters holding in the company stood at 50.10%, while Institutions and Non-Institutions held 10.71% and 39.19% respectively.
Best Agrolife has entered into a Memorandum of Understanding (MoU) with Shanghai E-Tong Chemical. The purpose of entering this MoU by the both parties is to undertake a collaboration in the research and development of Agrochemicals and market development. This MoU shall remain in force for a period of five years from the effective date.
Best Agrolife is engaged in business of trading of all kinds of plastic & chemicals raw material and products.
