Zuari Agro Chemicals is currently trading at Rs. 156.30, up by 0.75 points or 0.48% from its previous closing of Rs. 155.55 on the BSE.
The scrip opened at Rs. 152.15 and has touched a high and low of Rs. 157.35 and Rs. 152.15 respectively. So far 5210 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 197.55 on 25-Oct-2022 and a 52 week low of Rs. 116.15 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 168.60 and Rs. 152.15 respectively. The current market cap of the company is Rs. 654.42 crore.
The promoters holding in the company stood at 65.28%, while Institutions and Non-Institutions held 2.09% and 32.61% respectively.
Zuari Agro Chemicals has received approval for the proposal for issue of up to 1,250 secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) denominated in Indian Rupees of a face value of Rs 10 lakh each aggregating up to Rs 125 crore in one or more tranches, on private placement basis.
The Board has also approved the raising of funds by way of issuance of non-convertible debentures up to Rs 500 crore in one or more tranches, in future as and when deemed fit. The Board of Directors of the Company in its meeting held on September 23, 2023, has approved the same.
Zuari Agro Chemicals is one of the leading fertilizer conglomerates in India. The company produces high-quality complex fertilizers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilizers.
