Agro Tech Foods tumbles over 5% in four days – Business Standard



Agro Tech Foods fell 1.72% to Rs 800.45, extending losses for fourth consecutive session.

The stock has declined by 5.4% in four sessions, from its recent closing high of Rs 846.15 recorded on 20 January 2021.



In a BSE filing made after market hours on Monday (25 January 2021), Agro Tech Foods said that the it successfully restarted its commercial production and operations at its plant situated at Unnao, Uttar Pradesh.

“This plant produces tortilla chips, ready to eat popcorn, extruded snacks and centre filled cereal snacks etc., it added.

The company reported 5.3% rise in net profit to Rs 7.89 crore on a 7.8% increase in net sales to Rs 246.25 crore in Q3 FY21 over Q3 FY20.

Agro Tech Foods is primarily engaged in the business of manufacturing and trading of edible oils and food products.

Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

READ  Here's what you can get for $900,000 in Tulsa, Oklahoma - Fox Business

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here