White Diamond Industries
has surged over 2% as it has informed the bourses that it has added medicinal products , organic dry fruits, organic spices and organic snacks to its product range. The company has already launched over 200+ organic products in different categories and segment.
The company has transitioned from trading in diamonds to dealing in organic product’s; farming, distribution, cultivation and retailing.
The company has also changed its name from White Diamond Industries to White Organic Agro Limited.
The company is on a expansion spree and is looking to set up 40+ retail outlets across Pune, Mumbai, Nashik, Ahmedabad, Vadodra, Rajkot, Surat and other densely populated areas across India, manned by the upwardly mobile and health conscious.
The scrip opened at Rs 36.65 and has touched a high and low of Rs 37.75 and Rs 36.55 respectively. So far 6201(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 45.81 crore.
The BSE group 'XT' stock of face value Rs 10 has touched a 52 week high of Rs 43 on 16-Dec-2016 and a 52 week low of Rs 11.81 on 07-Jul-2016. Last one week high and low of the scrip stood at Rs 37.8 and Rs 35.5 respectively.
The promoters holding in the company stood at 27.56 % while Institutions and Non-Institutions held 0 % and 72.44 % respectively.
The stock is currently trading below its 50 DMA.