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Financials
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Resistance/Support
Delivery and Volume
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Management
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Aries Agro Ltd Performance

Today's Low
237.10
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Today's High
244.75
52 Wk Low
157.20
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52 Wk High
342.70


Open

237.1

Traded Value (Cr)

1.86

Prev. Close

237.9

Face Value

10

Volume

78079

Aries Agro Ltd Fundamentals

Market Cap
₹ 308.3 Cr
P/E Ratio (TTM)
19.68
P/B Ratio
1.19
Debt to Equity
0.45
ROE
9.28
EPS (TTM)
12.05
Dividend Yield
0.42 %
Book Value
199.57

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Aries Agro Ltd Financials

Aries Agro Ltd Financials

Aries Agro Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 52.66 % 52.66 % 52.66 % 52.66 %
Retail 38.36 % 39.43 % 39.99 % 40.38 %
Others 5.69 % 5.53 % 5.24 % 5.18 %
FII 3.29 % 2.38 % 2.11 % 1.78 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

52.66%

Retail

38.36%

Others

5.69%

FII

3.29%

Mutual Funds

0.00%

Promoters

52.66%

Retail

39.43%

Others

5.53%

FII

2.38%

Mutual Funds

0.00%

Promoters

52.66%

Retail

39.99%

Others

5.24%

FII

2.11%

Mutual Funds

0.00%

Promoters

52.66%

Retail

40.38%

Others

5.18%

FII

1.78%

Mutual Funds

0.00%

Resistance and Support

₹239.92

PIVOT

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Resistance
First Resistance₹242.733
Second Resistance₹247.567
Third Resistance₹250.383
support-arrow
Support
First Support₹235.083
Second Support₹232.267
Third Support₹227.433

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day32,82055,76771.42
Week78,07926,227224.64
1 Month78,07938,641224.64
6 Months27,092,41210,565,72047.90

About Aries Agro Ltd

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.

Managing Director

1969

Founded

Rahul Mirchandani

NSE Symbol

ARIES

Aries Agro Ltd Management

NameDesignation
Rahul MirchandaniChairman & Managing Director
R S S ManiIndependent Director
Qaiser P AnsariSenior Vice President & CS
Chakradhar Bharat ChhayaIndependent Director
Nitya MirchandaniNon Executive Director
Jimmy MirchandaniNon Executive Director
Nrupang Bhumitra DholakiaIndependent Director
R. V. Balasubramaniam IyerIndependent Director

Aries Agro Ltd News

Aries Agro to discuss results
On 14 February 2024
Aries Agro consolidated net profit declines 13.08% in the September 2023 quarter
Sales rise 16.21% to Rs 156.57 crore
Aries Agro to conduct board meeting
On 8 November 2023
Aries Agro to hold AGM
On 29 September 2023
Board of Aries Agro appoints director
At meeting held on 10 August 2023
Aries Agro fixes record date for dividend
Record date is 22 September 2023
Aries Agro consolidated net profit declines 32.24% in the June 2023 quarter
Sales decline 3.71% to Rs 107.16 crore
Aries Agro to hold board meeting
On 10 August 2023
Board of Aries Agro recommends Final Dividend
Of Rs.1 per share
Aries Agro reports consolidated net loss of Rs 9.38 crore in the March 2023 quarter
Sales rise 12.72% to Rs 92.86 crore

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Aries Agro Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Aries Agro Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Aries Agro Ltd's share price is ₹237.90 as of May 23, 2024 at 04:14 PM

Aries Agro Ltd's P/E ratio is 19.68 times as of May 23, 2024 at 04:14 PM.

Aries Agro Ltd's most recent financial reports indicate a price-to-book ratio of 1.19, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Aries Agro Ltd's market is 308 Cr as on May 23, 2024 at 04:14 PM.

The current financial records of Aries Agro Ltd show a 9.28% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Aries Agro Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Aries Agro Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Aries Agro Ltd's 52-week high and low as of May 23, 2024 at 04:14 PM are ₹342.7 and ₹342.7 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Aries Agro Ltd stands at 52.66%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 2.38% to 3.29%.