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AVT Natural Products shines on getting nod for commercial operation of subsidiary in Mexico

AVT Natural Products is currently trading at Rs. 25.25, up by 1.80 points or 7.68% from its previous closing of Rs. 23.45 on the BSE. The scrip opened at Rs. 24.00 and has touched a high and low of Rs. 26.00 and Rs. 23.75 respectively. So far 12428 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 41.00 on 03-Aug-2018 and a 52 week low of Rs. 20.80 on 23-May-2019. Last one week high and low of the scrip stood at Rs. 24.10 and Rs. 20.80 respectively. The current market cap of the company is Rs. 365.48 crore.

The promoters holding in the company stood at 74.47%, while Institutions and Non-Institutions held 0.07% and 25.46% respectively.

AVT Natural Products has received an approval for commercial operation of the wholly owned subsidiary viz., AVT Natural S.A. DE C.V, Mexico which is planned from June 2019. The board of the company in its meeting approved the same.

AVT Natural Products is engaged in the manufacture of food safe natural flavour and colour.

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