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Franklin Industries jumps on diversifying business operations into domain of contract farming

21 Nov 2023 Evaluate

Franklin Industries is currently trading at Rs. 39.00, up by 1.00 points or 2.63% from its previous closing of Rs. 38.00 on the BSE.

The scrip opened at Rs. 39.90 and has touched a high and low of Rs. 39.90 and Rs. 38.05 respectively. So far 4423 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 47.35 on 09-Oct-2023 and a 52 week low of Rs. 8.87 on 23-Mar-2023.

Last one week high and low of the scrip stood at Rs. 41.45 and Rs. 37.35 respectively. The current market cap of the company is Rs. 14.10 crore.

Franklin Industries has diversified its business operations into the domain of contract farming. This decision comes as part of its continuous efforts to enhance the company's performance and drive sustained growth.

Contract farming, an area it is venturing into, offers significant potential for expansion and innovation within its business framework. This initiative aligns with its vision to optimize agricultural practices, leverage technological advancements, and establish mutually beneficial partnerships with local farmers and agricultural stakeholders.

The company is working in two segments, one in Wholesale trading of Agriculture Commodities and other in wholesale trading of Jewellery. The company is also planning to venture in to manufacturing of Jewellery products.


Franklin Industries Share Price

0.47 0.00 (0.00%)
22-Apr-2026 12:27 View Price Chart
Peers
Company Name CMP
Redington 226.00
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Amrapali Industries 17.30
Rashi Peripheral 474.55
PDS 290.20
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