Stock Report

Basant Agro commences production in Hospet unit



Posted On : 2007-05-17 03:34:14( TIMEZONE : IST )

Basant Agro commences production in Hospet unit

Basant Agro Tech India Ltd has announced that the production of the fertilizers at the newly acquired NPK Granulated Mixture fertilizers plant of the Company at Hospet in Karnataka has been started in the hands of Mrs. Taradevi Bhartia. Shri. Ashwin Bhartia President of the Company was present on that Occasion.

With this the Total capacity of the Company to produce NPK Mixture granulated Mixture fertilizers will go up to 1,50,000 TPA. By this way the Company has expanded its area of operation and it will help the Company to improve its bottomline, as it will enter into the most fertile area of Northern Karnataka.

The stock closed the day at Rs.44.85, down by Rs.0.70 or 1.54%. The stock hit an intraday high of Rs.47.80 and low of Rs.44.85. The total traded quantity was 17916 compared to 2 week average of 15313.

Source : Equity Bulls

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