Freshtrop Fruits is currently trading at Rs. 106.40, up by 6.50 points or 6.51% from its previous closing of Rs. 99.90 on the BSE.
The scrip opened at Rs. 102.60 and has touched a high and low of Rs. 107.50 and Rs. 101.00 respectively. So far 71319 shares were traded on the counter.
The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 128.00 on 27-Oct-2016 and a 52 week low of Rs. 70.00 on 21-Nov-2016.
Last one week high and low of the scrip stood at Rs. 113.00 and Rs. 98.05 respectively. The current market cap of the company is Rs. 127.28 crore.
The promoters holding in the company stood at 57.87%, while Institutions and Non-Institutions held 1.65% and 40.48% respectively.
Freshtrop Fruits has received an approval for strengthening the fruits processing business at Nashik, with production of cold extracted, highly nutritious, extended shelf-life, ready to drink (RTD) beverages. Barring unforeseen circumstances, the company would launch the RTD into the domestic market before the end of November 2017. The board of directors at their meeting held on September 12, 2017, has approved for the same.
Freshtrop Fruits is engaged in the business of exports of fresh fruits and vegetables to leading supermarket chains in various parts of Europe. The company is dealing in fresh fruits like grapes, pomegranates and mangoes.
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