Dhanuka Agritech trades in green on the BSE

07 Jan 2013 Evaluate

Dhanuka Agritech is currently trading at Rs. 130.00, up by 1.50 points or 1.17% from its previous closing of Rs. 128.50 on the BSE.

The scrip opened at Rs. 129.75 and has touched a high and low of Rs. 130.90 and Rs. 128.00 respectively. So far 11212 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 140.60 on 15-Nov-2012 and a 52 week low of Rs. 80.10 on 15-Mar-2012.

Last one week high and low of the scrip stood at Rs. 131.00 and Rs. 125.15 respectively. The current market cap of the company is Rs. 651.75 crore.

The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 9.60% and 15.41% respectively.

Credit rating agency, ICRA has upgraded the long term rating of Dhanuka Agritech from ‘A-’ to ‘A+’ amounting for Rs 50 crore fund based facilities. The outlook for the long-term rating is stable. The rating agency has also reaffirmed the short term rating at ‘A1’ for an enhanced amount of Rs 50 crore for non-fund based limits of the company.

The rating action takes into account strong financial performance exhibited by the company as characterized by steady revenue growth, stable return indicators and strong internal accrual generation, which coupled with the decline in debt levels, has resulted in low gearing levels, robust debt protection metrics and healthy liquidity position.  

Dhanuka Agritech is the umbrella company for the business of agro-chemicals, fertilizers, and seeds of Dhanuka Group. The company reaches out to more than 10 million farmers with its eco-friendly high quality crop care products. The Agri-Division has a pan-India presence through its marketing offices in all major states in India.

Dhanuka Agritech Share Price

1367.95 -23.55 (-1.69%)
07-Jun-2024 16:01 View Price Chart
Peers
Company Name CMP
UPL 539.75
BASF India 4330.00
PI Industries 3642.35
Bayer CropScience 5693.05
Sumitomo Chemical India 482.75
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