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Mayank Cattle Food soars on planning to acquire equity share capital in Nanogen Agrochem

Mayank Cattle Food is currently trading at Rs. 113.40, up by 0.50 points or 0.44% from its previous closing of Rs. 112.90 on the BSE.

The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 114.00 and Rs. 112.95 respectively. So far 3600 shares were traded on the counter.

The BSE group ‘M’ stock of face value Rs. 10 has touched a 52 week high of Rs. 121.80 on 05-Feb-2024 and a 52 week low of Rs. 112.80 on 13-Mar-2024.

Last one week high and low of the scrip stood at Rs. 114.00 and Rs. 112.80 respectively. The current market cap of the company is Rs. 61.24 crore.

The promoters holding in the company stood at 71.70%, while Non-Institutions held 28.30% stake in the company.

Mayank Cattle Food has planned to acquire 6,500 equity shares of Rs 10 each representing 65% of the paid-up equity share capital of Company proposed to be incorporated in the name of ‘Nanogen Agrochem’. This acquisition is in line with company’s strategy of investing in the Agrochemical business.

Mayank Cattle Food stands as the foremost oil company, offering an extensive selection of products, including Edible Oil, Extracting Corn Oil, Cattle Food, Animal Food, and Cattle Food Cake.



This post first appeared on Udaipur Kiran, please read the originial post: here

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Mayank Cattle Food soars on planning to acquire equity share capital in Nanogen Agrochem

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