Kothari Fermentation touches roof on winning bulk order from KRS Multiproducts
Kothari Fermentation & Biochem is currently trading at upper limit of Rs. 93.30, up by 4.40 points or 4.95% from its previous closing of Rs. 88.90 on the BSE.
The scrip opened at Rs. 93.30 and has touched a high and low of Rs. 93.30 and Rs. 93.30 respectively. So far 37778 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 133.40 on 17-Oct-2024 and a 52 week low of Rs. 57.00 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 93.30 and Rs. 87.35 respectively. The current market cap of the company is Rs. 139.95 crore.
The promoters holding in the company stood at 74.91%, while Institutions held 25.08% stake in the company.
Kothari Fermentation & Biochem has received a bulk order for supplying its product, Alcomax Instant Dry Yeast to KRS Multiproducts LLP. The broad volume size of the order will be 100 MT per month for the coming six months which will amount to around Rs 20-25 crore.
Kothari Fermentation & Biochem has been engaged in the manufacture of yeast and its derivatives.
