Super Crop Safe updates on preferential issue: volume surges

The manufacturer and exporter of basic agro-chemical and pesticides formulations, Super Crop Safe has updated its preferential issue. 

The company had received Rs 8,64,50,000 from the preferential issue on December 31. The said amount is being used in working capital requirement of the company.

The stock of the company witnessed a spurt in volumes by more than 1.51 times. In the last one year, the stock of the company has surged by 262.65 per cent. Currently, the stock is trading with the price per earnings (PE) of 62.62 and in one year, the stock has outperformed small cap index. On a annualised three year basis, the stock has given a return of 105.30 per cent.