Integra Essentia Limited received a Substantial Orders for Premium Dry Fruits Valued in excess of INR 110 Million

Integra Essentia Limited has received orders for Rs 110 Million+ for supplying Premium Dry Fruits, supply for these orders shall be completed in next couple of fortnights, which will help the Company in exceeding the targeted sales for the Q-2 of the current financial year.

Commenting on the development, the M.D. Mr. Vishesh Gupta said "While pursuing a refreshed business theme wiz. "Life Essentials", we are committed and focused on developing a robust business in all the targeted segments in next 15-30 Months. Management of the Company is very happy with the current status of the order book particularly for agro products and are contemplating similar growth numbers from the infrastructural materials business very soon." He further added "We are pro-actively exploring various options to venture into processing of many newer Agro Products including Organic Agro Products and a wide range of Health Foods/Nutrient Reach Products and Supplements starting with dry fruits, which have a humongous business potential embedded therein."

Integra Essentia Limited had recently announced having acquired an operational Rice Processing Facility with substantial stake-holding through a Joint-Venture Agreement with the existing stakeholders. This rice manufacturing unit situated in rice bowl of north India have an installed capacity of 21000 Metric Tonnes of Export Quality Rice per Annum. The Company is targeting backward integration and deeper reach in the supply chain of life essential items via acquisitions and joint ventures eying better control over the quality along-with better economies and will be in a stronger position to tap into the potentials in the domestic market and the international markets as well.

Shares of Integra Essentia Limited was last trading in BSE at Rs. 7.32 as compared to the previous close of Rs. 6.98. The total number of shares traded during the day was 950470 in over 374 trades.

The stock hit an intraday high of Rs. 7.32 and intraday low of 7.06. The net turnover during the day was Rs. 6867399.00.

Source : Equity Bulls

Keywords

IntegraEssentia INE418N01035 Infrastructure OrderWin PremiumDryFruits