Sakuma Exports jumps on securing contract worth Rs 150 crore
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Sakuma Exports is currently trading at Rs. 28.69, up by 0.53 points or 1.88% from its previous closing of Rs. 28.16 on the BSE.
The scrip opened at Rs. 28.82 and has touched a high and low of Rs. 29.80 and Rs. 28.30 respectively. So far 947560 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 30.62 on 19-Feb-2024 and a 52 week low of Rs. 11.96 on 16-May-2023.
Last one week high and low of the scrip stood at Rs. 29.80 and Rs. 24.51 respectively. The current market cap of the company is Rs. 899.87 crore.
The promoters holding in the company stood at 61.88%, while Institutions and Non-Institutions held 0.20% and 37.92% respectively.
Sakuma Exports has entered into a significant contract amounting to around Rs 150 crore for the supply of sugar to the North East, West Bengal and Bihar regions. This deal strengthens its market presence.
Furthermore, it is actively pursuing similar opportunities in northern India, aiming to expand its operations and capitalize on growing demand in the region. This initiative underscores its commitment to meeting the rising demand for sugar.
Sakuma Exports (SEL) is well known as a leading Buyer, Processor, Marketer, Exporter and Importer of bulk agricultural commodities namely Sugar, Edible Oils, Oil Seeds, Pulses, Cotton and a number of specialty crops.
