Indrayani Biotech is currently trading at Rs. 30.50, up by 0.40 points or 1.33% from its previous closing of Rs. 30.10 on the BSE.
The scrip opened at Rs. 30.45 and has touched a high and low of Rs. 30.60 and Rs. 30.35 respectively. So far 2863 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.45 on 05-Apr-2022 and a 52 week low of Rs. 4.75 on 31-May-2021.
Last one week high and low of the scrip stood at Rs. 31.00 and Rs. 29.05 respectively. The current market cap of the company is Rs. 110.75 crore.
The promoters holding in the company stood at 48.81%, while Institutions and Non-Institutions held 22.04% and 29.15% respectively.
Indrayani Biotech has entered into a Memorandum of Understanding (MoU) with Dindigul Farm Product on May 18, 2022. As a part of understanding, the company will conduct a due diligence exercise and based on mutual agreements, shall make investments in the said company. Any potential association shall be subject to successful completion of due diligence process, capacity and capability of the company and receipt of approval in accordance with SEBI regulations and statutory compliances.
A successful association shall be a feather in the cap of the company and shall enable entry into protein based products domain.
Indrayani Biotech is a company belonging to food sector. They are a part-finance its project to produce cut flowers, strawberries, tissue culture plantlets and hybrid vegetable seeds. The company also markets and distributes hybrid vegetable seeds manufactured by Hoechst India. It plans to produce these seeds for Hoechst in due course of time.
| Company Name | CMP |
|---|---|
| Indrayani Biotech | 36.44 |
| SIP Industries | 6.01 |
| Trescon | 13.99 |
| Jayasilpa Floritech | |
| Farmtek Agro Exports | |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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