14-09-2023 11:17 AM | Source: Accord Fintech
Integra Essentia surges on bagging orders worth Rs 12 crore

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Integra Essentia is currently trading at Rs. 6.39, up by 0.15 points or 2.40% from its previous closing of Rs. 6.24 on the BSE.

The scrip opened at Rs. 6.54 and has touched a high and low of Rs. 6.54 and Rs. 6.35 respectively. So far 51946 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 9.35 on 20-Dec-2022 and a 52 week low of Rs. 5.10 on 28-Aug-2023.

Last one week high and low of the scrip stood at Rs. 6.60 and Rs. 5.84 respectively. The current market cap of the company is Rs. 296.16 crore.

The promoters holding in the company stood at 20.81%, while Institutions and Non-Institutions held 2.60% and 76.59% respectively.

Integra Essentia has bagged fresh orders worth Rs 12 crore. The company has won these orders from renowned business leading houses including Himalayan Bio Organic Foods, Sarveshwar Overseas for supplying premium Rice & Cashew Nuts to Ayush International an established Exporter. The Company will complete servicing these current orders within the month of September 2023 whereas with the completion of these orders, the company will hit the targeted Rs 60 crore of sales during the Q2 and gross sales of Rs 117 crore during the current financial year, so far.

The company is eying to achieve Rs 270 crore in sales during this current financial year registering a growth of about 15% as compared to the last Fiscal Year. Integra Essentia also has plans to fuel the growth with diversifying the product portfolio while also exploring opportunities to strengthen the core via Acquisitions / Mergers which are at different stages of consideration / negotiations.

Integra Essentia is a Delhi based company engaged in business of Life Essentials i.e. Food (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Construction and Infrastructure Development) and Energy (Materials, Products and Services for the Renewable Energy Equipment and Projects) and many more Products and Services required to sustain the modern life.