Heranba Industries Limited receives six CIB registrations

Heranba Industries Ltd. (BSE: 543266, NSE: HERANBA, ISIN: INE694N01015), one of India's leading Agrochemical company has received six CIB registrations between March-April 2023.

Mr. Ajit Gujral, Head - Strategic Development for Crop Protection Business of Heranba Industries Limited, commented, "Heranba Industries received six CIB registrations and began its FY24 journey on a high note. These registrations are part of our strategy to launch five new products out of Sarigam technical plant. These products would be launched in both technical and formulations segments. Approvals for formulations are already in place with the company.

These products have already achieved success at the pilot stage after R&D clearance. Initially, the company will manufacture small quantities of technical for its own branded formulations and subsequently enter the B2B markets once the Sarigam technical plant starts commercial production."

Shares of Heranba Industries Limited was last trading in BSE at Rs. 361.75 as compared to the previous close of Rs. 327.00. The total number of shares traded during the day was 69392 in over 4463 trades.

The stock hit an intraday high of Rs. 374.95 and intraday low of 327.25. The net turnover during the day was Rs. 25248962.00.

Source : Equity Bulls

Keywords

HeranbaIndustries INE694N01015 Agrochemicals CIBRegistrations Six