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IFB Agro spurts on getting rating upgrade from India Ratings for bank facilities

27 Feb 2015 Evaluate

IFB Agro Industries is currently trading at Rs. 276.20, up by 16.20 points or 6.23 % from its previous closing of Rs. 260.00 on the BSE.

The scrip opened at Rs. 265.90 and has touched a high and low of Rs. 284.70 and Rs. 265.60 respectively. So far 9900 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 520.60 on 18-Nov-2014 and a 52 week low of Rs. 148.00 on 07-Apr-2014.

Last one week high and low of the scrip stood at Rs. 289.50 and Rs. 255.00 respectively. The current market cap of the company is Rs. 258.06 crore.

The promoters holding in the company stood at 64.99 % while Institutions and Non-Institutions held 1.12 % and 33.89 % respectively.

Credit rating agency, India Ratings and Research has upgraded IFB Agro Industries’ Long Term issuer rating to ‘A’ from ‘A-‘.

IFB Agro Industries is one of the largest producers of alcohol in Eastern India. The company is also engaged in the production of Carbon Dioxide Gas & processing of Marine Products for Export as well as for the Indian market.

IFB Agro Inds Share Price

1097.65 -24.65 (-2.20%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1292.35
United Breweries 1413.15
Radico Khaitan 3358.45
India Glycols 1094.35
Allied Blenders 543.95
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