Godrej Agrovet rises on inaugurating India`s first Integrated Oil Palm Complex in Telangana
Godrej Agrovet is currently trading at Rs. 573.60, up by 3.75 points or 0.66% from its previous closing of Rs. 569.85 on the BSE.
The scrip opened at Rs. 565.90 and has touched a high and low of Rs. 573.95 and Rs. 563.15 respectively. So far 6566 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 876.30 on 24-Jul-2025 and a 52 week low of Rs. 506.70 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 588.95 and Rs. 555.30 respectively. The current market cap of the company is Rs. 11027.04 crore.
The promoters holding in the company stood at 67.74%, while Institutions and Non-Institutions held 12.18% and 20.08% respectively.
Godrej Agrovet has inaugurated India’s first Integrated Oil Palm Complex in Khammam, Telangana. The complex brings together every stage of the oil palm value chain under one roof--seed and genetics, nursery, R&D center, mill and upcoming state-of-the-art refinery in the complex. The company’s cumulative investment will be Rs 300 crore once the entire complex is operational.
As part of the complex, Godrej Agrovet has set up a seed garden in partnership with leading global companies, bringing their expertise in oil palm genetics to India. This partnership, along with the upc R&D center at the complex, will support the company's ongoing efforts to develop hybrid planting material that is tolerant of, and optimised for, Telangana's local climatic conditions.
The mill at the complex, first by a private company in the state, has commenced operations with a capacity of 30 tonnes per hour and has been designed for expansion up to 60 tonnes per hour allowing the company to scale processing capacity in sync with its target of increasing area under plantation in the state from current 10,000 ha to 30,000 by 2030.
