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Aries Agro Ltd share Price Today

Company details

231.15
236.70
157.20
342.70
6M Return 21.22%
1Y Return 45.02%
Mkt Cap.(Cr) 304.55
Volume 12,625
Div Yield 0.42%
OI
-
OI Chg %
-
Volume 12,625

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Aries Agro Ltd shares SWOT Analysis

Strengths (6)

  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Low Debt
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Weakness (2)

  • Negative Breakdown First Support (LTP < S1)
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years

Opportunity (0)

Data not found

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 242.3
R2 246.9
R3 249.7
Pivot

239.47

S1 234.9
S2 232.1
S3 227.5
EMA SMA
245.4
252.4
247.3
228.6
245.3
255.2
256.4
221.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
QE SECURITIES LLP Bulk Purchase 2024-03-04 329.8 151051 NSE
NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Purchase 2024-03-04 328.45 127529 NSE
CITADEL SECURITIES INDIA MARKETS PRIVATE LIMITED Bulk Purchase 2024-03-04 326.96 110462 NSE
Name Category Shares
RAHUL MIRCHANDANI PROMOTER 26.59%
JIMMY MIRCHANDANI PROMOTER 22.26%
AKSHAY MIRCHANDANI PROMOTER 3.24%
AMOL MIRCHANDANI PROMOTER 0.54%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Aries Agro Ltd Stocks COMPARISON

Financials( in Cr) Aries Agro Ltd Fertilizers & Chemicals Travancore Ltd Coromandel International Ltd Chambal Fertilisers & Chemicals Ltd Rashtriya Chemicals & Fertilizers Ltd
Price 234.20 688.50 1,279.70 399.80 157.00
% Change -1.51 -0.71 -0.63 -1.02 -1.88
Mcap Cr 304.55 44,550.91 37,679.87 16,018.07 8,661.50
Revenue TTM Cr 612.34 6,198.15 29,627.90 27,772.81 21,451.54
Net Profit TTM Cr 15.93 612.99 2,012.93 1,033.79 966.31
PE TTM 19.71 114.61 23.07 12.68 45.23
1 Year Return 45.02 127.04 34.83 39.89 53.40
ROCE 14.26 28.14 38.22 16.38 21.79
ROE 6.82 60.82 28.22 15.35 22.81
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 242.85 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 38,211.58 -20,152.87
LAST 3M 113,440.41 -31,179.37
LAST 6M 172,266.38 32,742.67
LAST 12M 272,035.18 123,918.17
Board Meeting for Today

May 29, 2024 l Board Meetings for Today

NSE Board Meetings Forthcomming

May 29, 2024 l NSE Board Meetings Forthcomming

Aries Agro Limited - Credit Rating

May 28, 2024 l NSE Announcement

Date Action Type Ratio
Sep 22, 2023 Dividend 10
Sep 21, 2022 Dividend 8

Aries Agro Ltd Information

Stock PE (TTM)
19.71
Promoter Holding
52.66%
Book Value
199.5693
ROCE
14.26%
ROE
6.82%
Description
  • Aries Agro Ltd was originally incorporated as "Aries Agro-Vet Industries Private Limited" on 27th November 1969. It was converted into Public Limited Company as "Aries Agro-Vet Industries Limited" on 30th December 1994 and again changed to "Aries Agro Limited" on 27th October 2006. Dr. T.B. Mirchandani and Mrs. Bala Mirchandani, founded the Company in 1969. The Company is headquartered in Mumbai. Aries Agro is an Indian Multinational Company that offers the widest range of products in the primary, secondary and microfertilizer sector, ranging from individual elements to mixed specialty plant nutrient fertilizers. Since 1969, Aries has pioneered several innovative concepts of farming to Indian agriculturists, including the wonder of Chelation Technology, bio-degradable complexes of plant nutrients, water soluble NPK fertilizers, value added secondary nutrients, natural and biological products and water treatment formulations. In 1969, the Company started off with a small range of mineral feed additives for animals & birds. The products attracted good margins. The company products were immediately accepted by the consumers and slowly it became the brand leader in the field of mineral nutrition with a range of products including mineral premixes, milk boosters, protein concentrates, vitamin premixes, anti-coccidian and anti-bacterial feed additives. In 1975, Aries diversified into nutrients feeds for plant, considering the fact that in India, the animal and agricultural farmer is one and the same individual. The company has in-house expertise in the area of mineral nutrition and thereby decided to concentrate on the same. The research zeroed in on "Metal Chelates". The product had to be manufactured in accordance with the locally available ingredients and expertise that posed a challenge for the company. Thus further R&D had to be conducted in this arena that solved the problem and Aries branched out into Agrochemicals in 1975 with the introduction of Chelated Micronutrients. The company has also conducted in-house R&D to develop bactericides for agriculture. Plantomycin was one of the first bactericide to be licensed for agricultural use by the Govt. of India. This was then followed by the introduction of plant hormones. In 2001, the company has expanded product line to include secondary nutrients - sulphur, magnesium and calcium. In 2002, Aries continued expanding its plant nutrition product line to include value-added, water-soluble complexes of nitrogen (N), phosphorous (P) and potassium (K). As of now, the company has 4 manufacturing plants at Mumbai, Hyderabad, Bangalore and Kolkata with installed capacity of 10,800 TPA, 5,400 TPA, 3,750 TPA and 1,650 TPA respectively with total installed capacity being at 21,600 TPA. The manufacturing unit at Ahmedabad, Gujarat started production on 19th August, 2008. With this Unit, the total manufacturing capacity for micronutrients was enhanced to 73800 MT per annum. In addition this unit also marked the entry of the Company into an entirely new range of Bio-fertilizers. The Company also inaugurated its Seventh manufacturing unit at Lucknow, U. P. on 10th November, 2008. With this Unit, the total manufacturing capacity for micronutrients was enhanced to 84,600 MT per annum. In 2008 the Company acquired 75% Shares in Golden Harvest Middle East FZC, Sharjah, UAE, by virtue of which the said Golden Harvest Middle East FZC became a Subsidiary of the Company. The Company during the year 2010-11 launched 6 numbers of products including 4 Plant Protection Chemicals and 2 Specialty Plant Nutrients. The overseas factories of the Company were made fully operational for the production of Chelates, Soluble Boron and Sulphur Bentonite in 2011. During Financial Year 2010-11, the Company`s Overseas Subsidiary viz M/S Golden Harvest Middle East FZC on 30.12.2010 acquired 75% Shares of M/S Amarak Chemicals FZC, UAE by virtue of which M/S Amarak Chemicals FZC became a Step Down Subsidiary of the Company w.e.f. 30.12.2010. Mirabelle Agro Manufacturing Private Limited was incorporated on 26th December, 2019. In F.Y. 2019-20, M/s. Golden Harvest Middle East FZC reduced its stake from 75% to 49% in M/s Amarak Chemicals FZC. As a result of this, M/s. Amarak Chemicals FZC was no more a step down subsidiary of M/s. Aries Agro Ltd. The manufacturing unit at Fujairah, UAE resumed operations in the month of September 2021 and started manufacturing four value added Sulphur based pastillized products for sale in India and globally.

Registered Address

Aries House Plot No 24, Deonar Govandi (East), Mumbai, Maharashtra, 400043

Tel : 91-022-25564052/53
Email : ariesagro:ariesagro.com;investorrelations:ariesagr
Website : http://www.ariesagro.com
Registrar

Aarthi Consultants Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532935
NSE Code : ARIES
Book Closure Date (Month) :
BSE Group : B
ISIN : INE298I01015

FAQ’s on Aries Agro Ltd Shares

You can buy Aries Agro Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Aries Agro Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2024 09:49 AM the closing price of Aries Agro Ltd was Rs.234.20.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 30, 2024 09:49 AM, the market cap of Aries Agro Ltd stood at Rs. 304.55.

The latest PE ratio of Aries Agro Ltd as of May 30, 2024 09:49 AM is 19.71

The latest PB ratio of Aries Agro Ltd as of May 30, 2024 09:49 AM is 0.84

The 52-week high of Aries Agro Ltd share price is Rs. 342.70 while the 52-week low is Rs. 157.20

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