White Organic Agro receives order from Patanjali Ayurveda

India Infoline News Service | Mumbai | September 11, 2017 10:13 IST

White Organic Agro has received an order for 500 tonnes of Aloe Vera Pulp from Patanjali Ayurveda, said the company in a BSE filing on Monday.

Stock Market Up
White Organic Agro has received an order for 500 tonnes of Aloe Vera Pulp from Patanjali Ayurveda, said the company in a BSE filing on Monday.
 
With this order, the company's acquisition of stake in Future Farms LLP has started showing results and adding up to the value of the company. Future Farms LLP, has recently bagged order of supplying Aloevera pulp from its Kanpar, Gujarat unit to consumer product manufacturer Patanjali Ayurveda. In recent past, the supervisory and inspection team of Patanjali Ayurveda visited and inspected the farms and the pulp extraction unit and had suggested certain up gradation and renovation of the existing pulp extraction facilities.
 
Following which all the necessary changes had been undertaken to improve the hygiene standards during pulp extraction process. After final satisfactory completion of renovation of processing unit and inspection, Patanjali Ayurveda has issued an Initial Purchase Order of 500 tonnes of Aloe Vera Pulp, the company said.
 
White Organic Agro was trading at Rs 73.50 per share, up by Rs 3.50 or 5% as at 0935 hours on Monday, on the BSE.


***Note: This is a BSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.