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Super Crop Safe zooms on receiving License from FSSAI for Spirulina facility

21 Dec 2016

Super Crop Safe is currently trading at Rs. 116.85, up by 5.55 points or 4.99% from its previous closing of Rs. 111.30 on the BSE.

The scrip opened at Rs. 108.00 and has touched a high and low of Rs. 116.85 and Rs. 108.00 respectively. So far 15580 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.05 on 04-Nov-2016 and a 52 week low of Rs. 25.20 on 22-Feb-2016.

Last one week high and low of the scrip stood at Rs. 120.00 and Rs. 108.00 respectively. The current market cap of the company is Rs. 88.17 crore.

The promoters holding in the company stood at 42.38%, while Institutions and Non-Institutions held 0.19% and 57.43% respectively.

Super Crop Safe (SCSL) has received License from FSSAI (Food Safety and Standards Authority of India) issued on December 16, 2016 and valid till December 15, 2019 after successful inspection of manufacturing facilities of Spirulina and Compliance with the requirement of the FSSAI. This will facilitate the company to expand market of Spirulina and its product mix in domestic as well as international market.

Post this certification, SCSL will be able to garner additional business for its Spirulina based products in world market. This certification will help SCSL to build and sustain the growth by its Spirulina Business in coming years, by exploring the higher value added high margin market.

Super Crop Safe is engaged in manufacturing of various agricultural medicines like technical grade pesticides, insecticides, fungicides, weedicides and biological products in its state-of-the-art technology-based modern plant.


Related Super Crop Safe Ltd. Links:

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SEBI Registered: Investment Adviser - INA000013323