One of the micro-cap stocks engaged in the production, processing, and marketing of high-quality hybrid seeds, pesticides, bio-organic products, micronutrients, and non-hybrid seeds for various crops like corn, sunflower, cotton, and paddy. The stock has jumped 4.21 percent after securing two orders worth Rs. 7 crore.
Stock Price Movement
In Monday’s trading session, Nirman Agri Genetics Ltd's (NS:NIRM) share jumped to an intraday high of 4.21 percent from the previous close of Rs. 367.05. The stock opened at Rs. 356.10 and closed at Rs. 378, with a high of Rs. 382.50 and a low of Rs. 351. The market capitalization now stands at approximately Rs. 302.77 crore.
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What Happened
Nirman Agri Genetics Limited received two significant purchase orders on January 20, 2025. The first is from Shetkari Agro supplier for Rs. 3.56 crore, and the second is from Swami Beej for Rs. 3.44 crore. These orders reflect the company’s growing business and reinforce its position in the agriculture sector.
Products Offering
The company offers a range of agricultural products, including hybrid seeds for various crops, non-hybrid seeds primarily for paddy, bio-pesticides, bio-fertilizers, as well as micronutrients and plant growth regulators, all designed to enhance crop yield and sustainable farming practices.
Market Presence
Nirman Agri Genetics aims to expand its market reach beyond Maharashtra, Gujarat, and Madhya Pradesh into northern, southern, and eastern India. This strategic expansion is intended to tap into new markets and enhance the company’s growth potential.
Research and Development
Nirman Agri Genetics emphasizes R&D to develop superior hybrid seeds with better yield, drought tolerance, and pest resistance. Its facilities in Maharashtra and Gujarat focus on improving seed quality and expanding product lines.
Recent quarter results
Nirman Agri Genetics Limited’s revenue has increased from Rs. 12.95 crore in Q2 FY24 to Rs. 62.09 crore in Q2 FY25, which has grown by 379.46 percent. The net profit has also grown by 204.27 percent, from Rs. 6.42 crore in Q2 FY24 to Rs. 2.11 crore in Q2 FY25.
Written By – Nikhil Naik
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