Godrej Agrovet is currently trading at Rs. 458.80, up by 1.90 points or 0.42% from its previous closing of Rs. 456.90 on the BSE.
The scrip opened at Rs. 457.15 and has touched a high and low of Rs. 460.00 and Rs. 456.40 respectively. So far 3273 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 592.80 on 28-Apr-2022 and a 52 week low of Rs. 441.00 on 31-Mar-2022.
Last one week high and low of the scrip stood at Rs. 463.50 and Rs. 456.00 respectively. The current market cap of the company is Rs. 8816.34 crore.
The promoters holding in the company stood at 74.07%, while Institutions and Non-Institutions held 6.81% and 19.13% respectively.
Godrej Agrovet’s Oil Palm business has launched a ground-breaking initiative called Samadhan, a one stop solution centre that would provide a comprehensive package of knowledge, tools, services and solutions to oil palm farmers. ‘Samadhan’ aims to be a critical enabler in Palm Oil industry and assist oil palm farmers in optimising their yields by adopting latest agricultural techniques and boosting their productivity. With the focus to provide knowledge and access to contemporary technologies, ‘Samadhan’ will enable famers to make informed decisions about venturing into oil palm cultivation thereby enabling sustained growth in their income.
The company has developed Samadhan in order to achieve this goal. Each Samadhan center intends to support the planting of around 2,000 hectares of oil palm and help farmers achieve a sustained productivity in mature gardens through the use of modern agricultural technologies and expert advice. Through this initiative, Godrej Agrovet plans to share global best practices with the Indian oil palm farmers and help the farmers to adopt these practices across geographies. It will also help to support farmers to avail developmental finance, Government subsidies/schemes & other benefits.
Godrej Agrovet is a diversified, research and development focused agribusiness company with operations across five business verticals i.e. animal feed, crop protection, oil palm, dairy, and poultry and processed foods.
