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14-Mar2019

White Organic Agro surges on bagging export order for Indian White Steam Rice from Saudi Arabia

White Organic Agro is currently trading at Rs. 24.60, up by 0.40 points or 1.65% from its previous closing of Rs. 24.20 on the BSE.

The scrip opened at Rs. 24.65 and has touched a high and low of Rs. 24.85 and Rs. 24.00 respectively. So far 37468 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.05 on 22-Mar-2018 and a 52 week low of Rs. 23.00 on 27-Feb-2019.

Last one week high and low of the scrip stood at Rs. 27.20 and Rs. 24.00 respectively. The current market cap of the company is Rs. 86.10 crore.

The promoters holding in the company stood at 25.40%, while Non-Institutions held 74.60%.

White Organic Agro has received export order of upto 1,280 MT of Indian White Steam Rice to Rebat AI Houda Trading Est, Dammam, Kingdom of Saudi Arabia. The company has again successfully bagged a direct exports contract in the international market and this would help widen the horizon into the vast scalable business of Organic Rice internationally.

White Organic Agro is engaged in farming and cultivation, distribution and retail and exports.


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