Usher Agro is currently trading at Rs. 46.25, up by 2.80 points or 6.44% from its previous closing of Rs. 43.45 on the BSE.
The scrip opened at Rs. 46.30 and has touched a high and low of Rs. 47.60 and Rs. 45.10 respectively. So far 71,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 62.90 on 13-Nov-2014 and a 52 week low of Rs. 30.00 on 15-Jun-2015.
Last one week high and low of the scrip stood at Rs. 47.60 and Rs. 40.10 respectively. The current market cap of the company is Rs. 175.00 crore.
The promoters holding in the company stood at 32.22% while Institutions and Non-Institutions held 11.59% and 56.19% respectively.
Usher Agro’s subsidiary Usher Eco Power has signed a procurement agreement with Goodyear Tire and Rubber Company for supply of ‘Green Silica’ to be extracted from Rice Husk Ash generated by the boiler of the Rice Husk fired Biomass Power Plant.
Usher Agro is India’s leading agro processing company catering to a consumer base spread across the country and overseas. The company paved the path for the country’s large-scale rice miller’s community and turned around milling operations into a full-fledged industry offering optimum value to the stakeholders, the farmers and the distributors. Positioned as a complete basic food processor, the company deals in rice, wheat and pulses.
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