Aarti Industries is currently trading at Rs. 636.50, up by 3.35 points or 0.53% from its previous closing of Rs. 633.15 on the BSE.

The scrip opened at Rs. 637.00 and has touched a high and low of Rs. 649.50 and Rs. 626.10 respectively. So far 253858 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 649.50 on 27-Dec-2023 and a 52 week low of Rs. 438.05 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 649.50 and Rs. 557.70 respectively. The current market cap of the company is Rs. 23419.57 crore.

The promoters holding in the company stood at 43.57%, while Institutions and Non-Institutions held 26.71% and 29.71% respectively.

Aarti Industries (AIL) has entered into a 9-year long-term supply contract for the supply of a niche agrochemical intermediate with a global agrochemical products and solutions company. This agrochemical intermediate serves as a crucial input component for a widely used herbicide applied in diverse food and cash crops (such as corn, soybean, cotton, sugarcane, sunflower, etc).

The contract offers AIL a revenue potential of around over Rs 3,000 crore over a period of 9 years, with the contract supplies commencing from current fiscal year. This product (agrochemical intermediate) is an integral component of AIL’s existing integrated product portfolio, with AIL being a leading manufacturer of this product in India. AIL’s current CAPEX plans, across its existing manufacturing locations, are sufficient to meet this contract requirement and the company does not anticipate any additional CAPEX for this.

Aarti Industries is engaged in manufacturing and dealing in speciality chemicals and pharmaceuticals.