AA Plus Tradelink Ltd has ventured into agricultural solutions and products, has announced the recent strategic purchase of specialized fertilizers and pesticides from MURAE ORGANISOR Ltd, totaling an investment of Rs. 441 Million (Rs. 44,13,50,000)
This acquisition encompasses a range of advanced agricultural products which AA Plus plans to distribute in both the international and domestic markets over the next six months. The company has secured these products at a competitive rate, ensuring the availability of premium quality fertilizers and pesticides to meet the growing demands of our diverse clientele.
AA Plus ts confident in the potential of this new venture to generate substantial returns. We project a profit margin ranging from 8.5% to 13%. This strategic move is aligned with our Ongoing efforts to enhance our market presence and ensure sustained growth in our operational revenues. The purchase also positions AA Plus to capitalize on emerging market trends in agriculture, particularly in regions experiencing rapid growth in agricultural productivity. By securing a steady supply of high-grade fertilizers and pesticides, AA Plus is well-positioned to support the increasing demand from farmers and agricultural enterprises.
We remain committed to leveraging strategic opportunities that align with our growth objectives while delivering significant value to our shareholders and stakeholders.
Shares of AA Plus Tradelink Limited was last trading in BSE at Rs. 13.12 as compared to the previous close of Rs. 11.93. The total number of shares traded during the day was 1296000 in over 67 trades.
The stock hit an intraday high of Rs. 13.12 and intraday low of 11.47. The net turnover during the day was Rs. 16459920.00. |
