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Dhanuka Agritech surges on getting nod to incorporate wholly owned subsidiary

23 Jun 2021 Evaluate

Dhanuka Agritech is currently trading at Rs. 953.50, up by 5.55 points or 0.59% from its previous closing of Rs. 947.95 on the BSE.

The scrip opened at Rs. 955.00 and has touched a high and low of Rs. 959.00 and Rs. 943.00 respectively. So far 3586 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1020.00 on 14-Jun-2021 and a 52 week low of Rs. 668.95 on 31-Mar-2021.

Last one week high and low of the scrip stood at Rs. 985.95 and Rs. 920.00 respectively. The current market cap of the company is Rs. 4403.75 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 13.20% and 11.80% respectively.

Dhanuka Agritech has received approval for incorporation of wholly owned subsidiary company namely ‘Dhanuka Chemicals’ on June 21, 2021.

Dhanuka Agritech is one of India’s leading agro-chemical Company. It has solutions for all major crops grown in the country including cotton, paddy, wheat, sugarcane, pulses, fruits & vegetables, plantation crops and others.

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