Camson Bio Technologies advances on entering into JVA with Krishi Rasayan

18 Dec 2017 Evaluate

Camson Bio Technologies is currently trading at Rs. 19.80, up by 0.40 points or 2.06% from its previous closing of Rs. 19.40 on the BSE.

The scrip opened at Rs. 20.30 and has touched a high and low of Rs. 20.30 and Rs. 19.80 respectively.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 35.15 on 11-May-2017 and a 52 week low of Rs. 15.00 on 08-Mar-2017.

Last one week high and low of the scrip stood at Rs. 20.30 and Rs. 18.35 respectively. The current market cap of the company is Rs. 59.40 crore.

The promoters holding in the company stood at 24.46%, while Institutions and Non-Institutions held 19.81% and 55.73% respectively.

Camson Bio Technologies has entered into a Joint Venture Agreement (JVA) with Krishi Rasayan (KR), an entity based in Kolkata a part of Krishi Rasayan Group. Both the Joint Venture Partners will hold 50% stake each in the Joint Venture Company (JVC) with Camson bringing the technology as its part. The newly formed entity will set up a state of the art manufacturing facility, going forward.

Camson will provide the facilities pertaining to Research and Development, Technology, Production of the existing Bio technology products manufactured by the company viz. Bio Pesticides, Bio Fertilizers, Biocides, Natural Fertilizers, BioTrace Elements, Plant-Growth Promoters etc. as well as any new products that may be launched in future and Krishi Rasayan will provide the facilities relating to distribution, marketing, sales and sales promotions of these products in the brand name of the JVC.

Camson with its unique technology platform of over two decades has developed many products for the first time in the world like Natural fertilizers , Biocides ,Biofertilizers, Plant growth promoters , Bio micronutrients , House hold pest control solutions, all using microbial base platform.

Camson Bio Technologies is an agricultural biotechnology company. The company’s segments include Seeds & Vegetables, and Agri Biotech Products.


Camson Bio Share Price

3.31 0.00 (0.00%)
11-May-2020 18:01 View Price Chart
Peers
Company Name CMP
Venkys India 1547.95
Kaveri Seed 626.60
Harrisons Malayalam 165.50
Simran Farms 110.10
Apis India 189.95
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