Heranba Industries rises on acquiring additional Industrial Plot at Saykha Industrial Estate

Heranba Industries is currently trading at Rs. 660.00, up by 4.10 points or 0.63% from its previous closing of Rs. 655.90 on the BSE.

The scrip opened at Rs. 659.00 and has touched a high and low of Rs. 667.90 and Rs. 657.05 respectively. So far 2836 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 944.95 on 05-Mar-2021 and a 52 week low of Rs. 602.85 on 06-Apr-2021.

Last one week high and low of the scrip stood at Rs. 667.90 and Rs. 635.20 respectively. The current market cap of the company is Rs. 2645.09 crore.

The promoters holding in the company stood at 74.61%, while Institutions and Non-Institutions held 4.22% and 21.17% respectively.

Heranba Industries has acquired additional Industrial Plot No-T-108 +109 admeasuring 57,248.29 Sq. mt at Saykha Industrial Estate, Gujarat for further expansion of the manufacturing units.

The company already has a parcel of land measuring around 34,600 sq. mt. at Saykha situated in the Saykha Industrial Estate for which Heranba has received a Consent to Establish (CTE) from Gujarat Pollution Control Board (GPCB) for manufacturing of pesticides, intermediates, fungicides, herbicides, and insecticides (Products). Further, it had already received the Environmental Clearance from the Ministry of Environment, Forest & Climate Change, Government of India for setting up a manufacturing unit of capacity 10,680 TPA at Saykha Plot for its Products.

Heranba Industries is a crop protection chemical manufacturer, exporter and marketing company based out of Vapi, Gujarat.

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