MoneyWorks4Me

Dhanuka Agritech gains on planning to launch two fungicides in 2018-19 fiscal

08 Jan 2018 Evaluate

Dhanuka Agritech is currently trading at Rs. 795.00, up by 5.25 points or 0.66% from its previous closing of Rs. 789.75 on the BSE.

The scrip opened at Rs. 798.00 and has touched a high and low of Rs. 803.00 and Rs. 790.00 respectively. So far 681 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 940.00 on 15-May-2017 and a 52 week low of Rs. 631.15 on 13-Nov-2017.

Last one week high and low of the scrip stood at Rs. 803.00 and Rs. 730.00 respectively. The current market cap of the company is Rs. 3903.69 crore.

The promoters holding in the company stood at 75.00%, while institutions and non-institutions held 10.88% and 14.12% respectively.

Dhanuka Agritech is planning to launch two fungicides in the 2018-19 fiscal in order to help control the plant disease in grapes and other horticulture crops. The agro-chemical maker is awaiting the registration clearance for the fungicides from the Union Agriculture Ministry.

Besides fungicides, the company will also introduce combination products in the next financial year to control plant diseases in various crops.

Dhanuka Agritech is the umbrella company for the business of agro-chemicals, fertilizers, and seeds of Dhanuka Group.

Peers
Company Name CMP
UPL 538.00
PI Industries 2300.00
Bayer CropScience 3603.85
Sharda Cropchem 721.10
Sumitomo Chem. India 431.30
View more..