Mysore Petro Chemicals Limited to invest in Parvata Foods Pvt Ltd

Mysore Petro Chemicals Limited proposes to invest in the growing organic food industry which will enable the target Company to expand and thereby generate better returns for the Company.

The Company proposes to acquire upto 16.00% of the voting rights in Parvata Foods Private Limited.

Parvata Foods Private Limited is in the business of processing and sale of organic food products.

Shares of MYSORE PETRO CHEMICALS LTD. was last trading in BSE at Rs. 152.25 as compared to the previous close of Rs. 153.55. The total number of shares traded during the day was 1002 in over 23 trades.

The stock hit an intraday high of Rs. 155.95 and intraday low of 146.50. The net turnover during the day was Rs. 153004.00.

Source : Equity Bulls

Keywords

MYSOREPETROCHEMICALS INE741A01011 Investment ParavataFoods