White Organic Agro zooms on bagging order of Rs 557 million

25 Aug 2020 Evaluate

White Organic Agro is currently trading at Rs. 5.19, up by 0.14 points or 2.77% from its previous closing of Rs. 5.05 on the BSE.

The scrip opened at Rs. 5.23 and has touched a high and low of Rs. 5.24 and Rs. 5.05 respectively. So far 33905 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 12.15 on 14-Nov-2019 and a 52 week low of Rs. 3.80 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 5.49 and Rs. 4.99 respectively. The current market cap of the company is Rs. 18.17 crore.

The promoters holding in the company stood at 25.50%, while Non-Institutions held 74.49% stake in the company.

White Organic Agro has bagged order of Rs 557 million of Health Care products to be supplied to Mizoram state health department. This is an additional business opportunity that has arisen in this Pandemic situation. Considering the profitability in the business options arisen during this pandemic, taking prompt actions and being opportunistic is the essence for business and increasing the profitability.

The total value of the health care supply orders is Rs 1114 million, which would help the company gain a multifold rise in business, reflecting in Q3 FY21.

White Organic Agro is engaged in farming and cultivation, distribution and retail and exports.

White Organic Agro Share Price

9.11 -0.41 (-4.31%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Adani Enterprises 3193.55
Redington 208.20
Amrapali Industries 13.87
Rashi Peripheral 312.50
Compuage Infocom 4.21
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.