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Camson Bio Technologies inches up on entering into MoU with HDFC Bank

03 Jul 2012 Evaluate

Camson Bio Technologies is currently trading at Rs. 57.35, up by 0.50 points or 0.88% from its previous closing of Rs. 56.85 on the BSE.

The scrip opened at Rs. 57.50 and has touched a high and low of Rs. 57.80 and Rs. 56.65 respectively. So far 2,658 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 114.70 on 07-Jul-2011 and a 52 week low of Rs. 36.50 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 59.00 and Rs. 47.20 respectively. The current market cap of the company is Rs. 92.00 crore.

The promoters holding in the company stood at 31.21% while Institutions and Non-Institutions held 6.53% and 62.26% respectively.

Camson Bio Technologies has entered into a business correspondent appointment MoU with HDFC Bank. The company has entered into MoU with the bank in tandem with RBI's directive about assisting farmers through the financial inclusion initiatives of banks.

HDFC shall, on the strength of its association with Camson, has access to over 5 lakh farmers across the country. Camson, as a company, has lead a number of approaches in the empowerment of the farmer community through its technology, advocacy, promotions and inclusion programs.

Camson shall extend its support to HDFC. The dealers of Camson will be empanelled with HDFC bank in the capacity of business correspondent. HDFC shall, through its network of 2544 branches across India, provide financial assistance to farmers with the help of Camson’s dealer network.

Camson Bio Technologies operates as an integrated agriculture biotechnology company in India. It produces hybrid seeds, bio-fungicides, bio-insecticides, bio-stimulants, bio-fertilizers, and biocides catering to the requirements of farmers.

Camson Bio Share Price

3.31 0.00 (0.00%)
11-May-2020 18:01 View Price Chart
Peers
Company Name CMP
Venkys India 1589.25
Mangalam Global Ent 12.93
Kaveri Seed 924.50
Regaal Resources 85.04
Simran Farms 165.70
View more..

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