CIAN Agro Industries & Infrastructures Ltd enters into MoU with AMTZ

CIAN Agro Industries & Infrastructure Ltd (CAIIL) has entered into a Memorandum of Understanding (MoU) with Andhra Pradesh Medtech Zone Limited (AMTZ) to collaborate in the supply and export of medical equipment and devices across India and international markets.

AMTZ, India's first integrated medical devices manufacturing zone, hosts over 165 state-of-the-artmanufacturing facilities offering end-to-end solutions for medical device production. Under the MoU, AMTZ has authorized CAIIL to represent it for medical equipment, consumables, and services both domestically and overseas. CAIIL will engage,upon mutual consent, in quoting, negotiating, supplying, installing, providing application training, providing after-sales support,and collecting payments for projects with government and private organizations.

Shares of CIAN Agro Industries & Infrastructure Ltd was last trading in BSE at Rs. 1371.30 as compared to the previous close of Rs. 1443.45. The total number of shares traded during the day was 247574 in over 10244 trades.

The stock hit an intraday high of Rs. 1499.80 and intraday low of 1371.30. The net turnover during the day was Rs. 347556165.00.

Source : Equity Bulls

Keywords

CIANAgroIndustriesandInfrastructure INE052V01019 MoU AMTZ MedicalEquipments Devices