Zuari Agro bounces back
By
Research Desk
about 11 years ago
Zuari Agro which had hit a new 52-week low yesterday at Rs.95.10 and today, it is up currently at Rs.108.85, up almost 8%, with an intra day high at Rs.113. Market cap stands at Rs.457 crore.
The stock is up in the green today after the company announced that it has resumed urea and ammonia production. The plant had been shut from 25th March for annual turnaround but even after that was done; the operations could not be started as per the plan in view of non-availability of water from the Government of Goa.