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2024-12-06 03:45:00 pm | Source: Accord Fintech
MRC Agrotech climbs on inking MoU with Executive Strategies

MRC Agrotech is currently trading at Rs. 16.15, up by 0.42 points or 2.67% from its previous closing of Rs. 15.73 on the BSE.

The scrip opened at Rs. 15.74 and has touched a high and low of Rs. 16.20 and Rs. 15.38 respectively. So far 555894 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 20.50 on 11-Nov-2024 and a 52 week low of Rs. 10.25 on 19-Aug-2024.

Last one week high and low of the scrip stood at Rs. 16.80 and Rs. 15.30 respectively. The current market cap of the company is Rs. 32.27 crore.

The promoters holding in the company stood at 23.09%, while Non-Institutions held 76.91% stake in the company.

MRC Agrotech has entered into a Memorandum of Understanding (MoU) with Executive Strategies, a company based in Washington, D.C., USA. The MoU establishes a framework for collaboration between MRC Agrotech and Executive Strategies to introduce U.S.-based agricultural technologies and solutions into the Indian market through pilot projects, joint ventures, and other initiatives.

Executive Strategies will identify and introduce U.S.-based agricultural technology companies, provide strategic guidance for pilot projects, and facilitate university partnerships and joint ventures. The company will provide farm access for pilot projects, oversee on-site implementation, evaluate technology performance, and ensure regulatory compliance for joint ventures and product introductions in India. 

MRC Agrotech (formerly known as MRC Exim) is a futuristic organisation devoted to maximise value for farm to market value chain. 

 

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