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Piccadily Agro Industries surges on selling stake in Nirvana Biosys

01 Jul 2014 Evaluate

Piccadily Agro Industries is currently trading at Rs. 40.90, up by 0.70 points or 1.74% from its previous closing of Rs. 40.20 on the BSE.

The scrip opened at Rs. 41.40 and has touched a high and low of Rs. 41.40 and Rs. 40.85 respectively. So far 1220 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 47.50 on 31-Mar-2014 and a 52 week low of Rs. 16.00 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs. 46.15 and Rs. 40.00 respectively. The current market cap of the company is Rs. 94.81 crore.

The promoters holding in the company stood at 70.90% while Non-Institutions held 29.10% stake in the company.

Piccadily Agro Industries has sold its all short-term investment in equity shares of Nirvana Biosys on June 30, 2014. Earlier in February this year, the company had purchased 89% shareholding of Nirvana Biosys, which has become a subsidiary of Piccadily Agro Industries.

Nirvana Biosys, incorporated in the year 2008 has set up a plant of winery at Bawal, District Rewari in the State of Haryana as a joint venture with E.C. Oxenham & CY lle, Maurice-winemakers for over 75 years with a French Lineage. The Company has a distinction of setting up of a first such winery in the Northern India.

Piccadily Agro Industries is in the business of manufacturing of sugar and its by-products. Company's manufacturing plant is located at Umri Indri Road, Village Bhadson, Tehsil Indri Karnal District, Haryana.

Piccadily Agro Inds Share Price

584.90 10.55 (1.84%)
17-Apr-2026 16:59 View Price Chart
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