Agro Tech Foods stock was trading on a bullish note on Thursday after the company completed the purchase of land in Kothur (Telangana) to an extent of 2638.473 Sq Yards (2206.08 Sq meters).
In its regulatory filing, the company said, " completed purchase of land in Kothur (Telangana) to an extent of 2638.473 Sq Yards (2206.08 Sq meters) on 29th June 2021."
Agro Tech stated that this land parcel is adjacent to Company’s existing plant situated in Kothur and amounts to approx. 25% of the current land area of the existing plant and will be utilized for continued expansions of Company’s manufacturing operations.
At around 2.29 PM, Agro Tech Foods was trading at Rs965.55 per piece up by 2.4% on Sensex. The stock has touched an intraday high of Rs989.45 per piece in the early deals.