Indo Count Industries Ltd has taken an initiative to improve sustainability in cotton farming for farmers in Warora Taluka of Chandrapur District in Maharashtra state.
This program has been named GAGAN and it aims at covering 1500 farmers in 10 villages to begin with. The company envisage to increase the scope of this program to 30 villages thus helping close to 4500 farmers in near future.
Main thrust of this program is to help farmers in increasing productivity of their farms along with judicious use of water, pesticides and fertilizers. Further, some of the important objectives of said program are Backward Integration from Farm to Fashion, Promotion of BCI and organic cotton, secured traceable supply chain. This project will also be a part of CSR thereby improving the standard of living of farmers and will also complement the other CSR projects in the area of Education and Healthcare.
Shares of INDO COUNT INDUSTRIES LTD. was last trading in BSE at Rs.42.1 as compared to the previous close of Rs. 40. The total number of shares traded during the day was 5389 in over 104 trades.
The stock hit an intraday high of Rs. 43.2 and intraday low of 40.05. The net turnover during the day was Rs. 227895.