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White Organic Agro Ltd announces launch of first ever five new stores under the Franchise Model

Posted On: 2017-03-15 19:43:59

White Organic Agro Ltd has announced the launch of first ever five new stores under the Franchise Model with the Brand Name "White Organics'.

In line with the vision and to cater to the huge opportunity of organic market, the Company remains focused on adding more stores under the franchise model across the major metro cities of Gujarat and Maharashtra. The total number of stores now stands at Six, including our own store located in a popular suburb in Mumbai under owned model and other five stores in Gujarat under franchise model.

The new stores are located in the high demand markets of Gujarat, where the concept and popularity of organic products is gaining fast. Through these new stores, we plan to capture this opportunity and enter further in these markets. With this store expansion, the Company will benefit a lot and will make our brand - 'White Organics', more visible and popular with our customers.

Shares of WHITE Organic Agro LTD. was last trading in BSE at Rs.47.3 as compared to the previous close of Rs. 45.3. The total number of shares traded during the day was 83634 in over 136 trades.

The stock hit an intraday high of Rs. 47.55 and intraday low of 44.6. The net turnover during the day was Rs. 3953413.

Source: Equity Bulls

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