Stock Report

Best Agrolife Ltd receives registrations from CIBRC for products



Posted On : 2023-06-09 09:53:57( TIMEZONE : IST )

Best Agrolife Ltd receives registrations from CIBRC for products

Best Agrolife Limited (BAL) has received the registrations for the indigenous manufacturing of the product Trifloxystrobin 10% + Difenoconazole 12.5% + Sulphur 3% Sc under section 9 (3) FIM from Central Insecticides Board & Registration Committee (CIBRC). With this Best Agrolife Limited (BAL) will become the first Indian agrochemical company to manufacture the combination product of Trifloxystrobin 10% + Difenoconazole 12.5% + Sulphur 3% Sc in India with brand name Tricolor.

BAL is all set to launch this product in July with the brand name Tricolor and it will be the company patented product. The company is launching Propaquizafop and Amytrn with the brand name Propique and Amito respectively in the first quarter of FY24. All these products will help us in maintaining the goal of 30% growth and 20% EBITDA margin in the current financial year.

Shares of Best Agrolife Limited was last trading in BSE at Rs. 1034.25 as compared to the previous close of Rs. 1029.10. The total number of shares traded during the day was 4598 in over 493 trades.

The stock hit an intraday high of Rs. 1057.45 and intraday low of 1026.25. The net turnover during the day was Rs. 4798335.00.

Source : Equity Bulls

Keywords

BestAgrolife INE052T01013 Registrations Products CIBRC