Usher Agro surges after UP facilities commence production - The New Indian Express

Usher Agro surges after UP facilities commence production

Published: 04th April 2014 12:19 PM

Last Updated: 04th April 2014 12:19 PM

Usher Agro surged on Friday after the company commenced commercial production of its new pulse milling, pulse flour and multigrain flour facilities at Chhata, Dist. Mathura, U.P. as part of the company's on-going capacity expansion project.

Trial runs of the said facilities are completed successfully and now commercial production has been started from Mar. 31, 2014. After successful commissioning of the project, the company has forwarded another step to emerge as 'complete basic food processor'.Shares ofthe companyare trading at Rs 36.50, up Rs 1.95, or 5.64% at the Bombay Stock Exchange (BSE) on Friday at 11:31 a.m.The scrip has touched an intra-day high of Rs 37.25 and low of Rs 35. The total volume of shares traded at the BSE is 44,371.In the earlier session, the shares gained 0.73%, or Rs 0.25, at Rs 34.55. Currently, the stock is trading down 29.67% from its 52-week high of Rs 51.90 and above 50.21% over the 52-week low of Rs 24.30.

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