Saptarishi Agro Industries touches roof on getting nod to launch Frozen Fruits & Vegetables processing project
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Saptarishi Agro Industries is currently trading at upper limit of Rs. 45.54, up by 2.16 points or 4.98% from its previous closing of Rs. 43.38 on the BSE.
The scrip opened at Rs. 45.54 and has touched a high and low of Rs. 45.54 and Rs. 45.54 respectively. So far 8585 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 45.99 on 05-Aug-2024 and a 52 week low of Rs. 14.02 on 03-Oct-2023.
Last one week high and low of the scrip stood at Rs. 45.90 and Rs. 39.90 respectively. The current market cap of the company is Rs. 154.77 crore.
The promoters holding in the company stood at 74.98%, while Non-Institutions held 25.02% stake in the company.
Saptarishi Agro Industries has received approval from board to launch Frozen Fruits & Vegetables processing project. A Frozen Fruits & Vegetables Processing (FFVP) Line is to be imported, tentative date of Plant and machinery is in the month of December, 2024. The Company is targeting the top 20 Companies dealing in Food & Dairy Products. Investment required for the said project is Rs 11 crore.
Saptarishi Agro Industries is engaged in manufacturing of mushrooms and other allied agro based products.
