nav Searchuser
Maxunitech Inc.
Beijing Multigrass Formulation Co., Ltd.

Mavens Biotech to set up Secondary Nutrients Fertilizer Granulation Plant at Mancharqrcode

Oct. 2, 2012

Favorites Print
Forward
Oct. 2, 2012
Mavens Biotech Ltd plans to set up a secondary nutrients fertilizer granulation plant at Manchar, District - Pune, Maharashtra with a capacity of 100 tons per month. The company will target Maharashtra in first phase and thereafter the other markets in India for sale of secondary nutrients.
 
The company also plans to set up a processing unit for Neem Powder / Pellets and its related products for agriculture use at Manchar, Pune, Maharashtra.
 
The National Academy of Agricultural Sciences has estimated (2009) that for meeting the food needs of the country by 2025, India may have to increase its plant nutrient supply to over 45 million tonnes from a current level of 25 million tonnes in 2008-09 through NPK Fertilizers and from 4 to 6 million tonnes through organic manures. Out of this, 35 million tonnes should come from chemical fertilizer sources and the remaining 10 million tonnes from organic sources.
 
The Mavens Biotech Ltd stock was trading at Rs.2.19, up by Rs.0.14 or 6.83%. The stock hit an intraday high of Rs.2.34 and low of Rs.2.08.
 
The total traded quantity was 4.74 lakhs compared to 2 week average of 1.59 lakhs.
Source: Equity Bulls

Picture 0/1200

More from AgroNews

Sichuan Lomon Bio Technology Co., Ltd.

Magazine

2019 CRO & CRAO Manual 2019 Market Insight
2019 India Pesticide Suppliers Guide 2019 Biologicals Special
2019 Latin America Focus 2019 Formulation & Adjuvant Technology
Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.