Piccadily Agro Industries is currently trading at its upper circuit limit of Rs. 33.15, up by 5.50 points or 19.89% from its previous closing of Rs. 27.65 on the BSE.
The scrip opened at Rs. 28.00 and has touched a high and low of Rs. 33.15 and Rs. 28.00 respectively. So far 48082 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.15 on 26-Feb-2014 and a 52 week low of Rs. 16.00 on 05-Aug-2013.
Last one week high and low of the scrip stood at Rs. 33.15 and Rs. 25.75 respectively. The current market cap of the company is Rs. 78.18 crore.
The promoters holding in the company stood at 70.90% while Non-Institutions held 29.10% stake in the company.
Piccadily Agro Industries has purchased 89% shareholding of Nirvana Biosys (P), which has become a subsidiary of Piccadily Agro Industries. Nirvana Biosys (P) incorporated in the year 2008 has set up a plant of winery at Bawal, District Rewari in the State of Haryana as a joint venture with E.C. Oxenham & CY lle, Maurice-winemakers for over 75 years with a French Lineage. The Company has a distinction of setting up of a first such winery in the Northern India.
Nirvana Biosys (P) is committed to producing affordable table wines for the Indian markets that are comparable to French & Italian Levels and has also introduced other unique variants that have never before produced in this region. The range includes Red, white, Sparkling, Port, Lychee, Mango, Rose & Herbal wines. The products of Company are selling in more than 12 states of India along with various CSD canteens. This will enable the Company to expand the product range of the Company & will substantially affect the profitability of the Company.
Piccadily Agro Industries is in the business of manufacturing of sugar and its by-products. Company's manufacturing plant is located at Umri Indri Road, Village Bhadson, Tehsil Indri Karnal District, Haryana.
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