Mercury Trade Links touches roof on entering into strategic supply contract with Rajgor Proteins, Rajgor Agro
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Mercury Trade Links is currently trading at upper limit of Rs. 69.38, up by 1.36 points or 2.00% from its previous closing of Rs. 68.02 on the BSE.
The scrip opened at Rs. 69.37 and has touched a high and low of Rs. 69.38 and Rs. 69.37 respectively. So far 81426 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.38 on 18-Nov-2024 and a 52 week low of Rs. 2.24 on 05-Apr-2024.
Last one week high and low of the scrip stood at Rs. 69.38 and Rs. 64.11 respectively. The current market cap of the company is Rs. 94.43 crore.
The Institutions and Non-Institutions held 22.04% and 77.96% stake in the company respectively.
Mercury Trade Links has entered into a strategic supply contract with Rajgor Proteins (RPL) and Rajgor Agro (RAL), two well-established Gujarat-based companies recognized for their strength in agricultural manufacturing and nationwide trading. This major contract, valued at around Rs 51 crore, involves the supply of multiple agricultural commodities within the next three months.
Under the agreement, the company will deliver 3000 Metric Tons (MT) of Castor Seeds to Rajgor Proteins; 1400 Metric Tons (MT) of Chana to Rajgor Proteins; 1700 Metric Tons (MT) of Guar Seeds to Rajgor Agro; and 3000 Metric Tons (MT) of Mustard Seeds to Rajgor Agro.
Mercury Trade Links is engaged in the trading the of agro products.
