Ajooni Biotech share: Vegetarian animal healthcare company Ajooni Biotech has received an order worth Rs 4.95 crore from a top Indian dairy supplier. Amidst this news, investors fell on the shares of Ajooni Biotech. Let us tell you that an upper circuit of 10 percent was imposed in this share and the price reached Rs 5.78. The 52 week high of the share is Rs 6.90. This was the share price in May 2024. The share price in August 2023 was at Rs 3.38. This is the stock’s 52-week low.
Order details
Ajooni Biotech said in a statement on Monday that it has received a significant order from Asia’s largest and one of the top 10 dairy suppliers in India. Jasjot Singh, Managing Director, Ajooni Biotech, said – We are excited to receive this order from such a reputed dairy supplier. We are committed to completing orders within 3 months.
Presence in these three countries
The company has already established its presence as an exporter in three countries – Nepal, Bangladesh and Sri Lanka and is actively exploring opportunities in other developed markets to further expand its reach. Let us tell you that the company provides high quality animal feed products formulated to promote animal health and productivity.
Ajooni Biotech has made a deal
Recently, Ajooni Biotech has signed a deal with the Indian subsidiary of US-based Avalon Energy Group for sustainable processing of Moringa in the country. Under the partnership, processing units including crushing and drying mills will be set up for processing drumstick seeds and leaves. Avalon Bioenergy will focus on processing drumstick seeds and leaves to extract oil while Ajooni will use the cake to make animal feed products for further processing, distribution in India as well as for export.
