Rasoya Proteins is currently trading at Rs. 15.90, up by 0.05 points or 0.32% from its previous closing of Rs. 15.85 on the BSE.
The scrip opened at Rs. 15.95 and has touched a high and low of Rs. 15.95 and Rs. 15.85 respectively. So far 148806 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 20.10 on 09-Dec-2013 and a 52 week low of Rs. 5.95 on 13-Mar-2013.
Last one week high and low of the scrip stood at Rs. 16.40 and Rs. 15.80 respectively. The current market cap of the company is Rs. 2717.20 crore.
The promoters holding in the company stood at 31.68% while Institutions and Non-Institutions held 4.18% and 37.41% respectively.
Rasoya Proteins is planning to invest Rs 500 crore to increase its edible oil refining capacity and set up new plants. Meanwhile, the company, in a bid to tap the potential of increasing demand for green fuel, has proposed to set up a plant to manufacture ethanol from maize and other agro products. Moreover, the company is exploring the possibility of setting up bran processing unit to produce rice bran oil with raw material procured from its own mill.
Recently, the company launched Rasoya non-basmati branded rice and plans to enter branded pulses segment as well.
At present Rasoya Proteins sells whole wheat flour under Mejwani brand in western markets. The company is engaged in manufacturing of soya-based products and edible oil such as soya oil, soyameal and value added soya products.
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