Gokul Agro Resources surges as its arm enters into MOA with Government of Andhra Pradesh
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Gokul Agro Resources is currently trading at Rs. 115.75, up by 2.75 points or 2.43% from its previous closing of Rs. 113.00 on the BSE.
The scrip opened at Rs. 112.50 and has touched a high and low of Rs. 116.00 and Rs. 112.50 respectively. So far 4180 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 135.00 on 14-Dec-2023 and a 52 week low of Rs. 94.90 on 18-May-2023.
Last one week high and low of the scrip stood at Rs. 117.80 and Rs. 107.45 respectively. The current market cap of the company is Rs. 1696.75 crore.
The promoters holding in the company stood at 73.62%, while Institutions and Non-Institutions held 0.76% and 25.62% respectively.
Gokul Agro Resources’ wholly owned subsidiary -- Riya Agro Industries has entered into a Memorandum of Agreement (MOA) with the Government of Andhra Pradesh represented by the Commissioner of Horticulture & Oil Palm Commissioner for Oil Palm Development programme in the Ananthapuramu district of Andhra Pradesh.
Gokul Agro Resources (GARL), incorporated in the year 2014, is one of the leading and fastest growing FMCG company engaged in production, distribution & exports of various Edible, Non-Edible oils & its derivatives & Feed Meals.
