Aries Agro Ltd (ARIES)

₹268.7▲2.02%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Aries Agro Ltd share Performance

₹266.65
₹276.55
₹268.7
0.76%
Low
Day's Volatility:3.68%
High
2.92%
₹157.2
₹342.7
₹268.7
41.50%
Low
52 Weeks Volatility:69.04%
High
27.54%

Returns %
1 Month Return	-1.54 %
3 Month Return	-3.24 %
1 Year Return	50.32 %

Market Stats
Previous Close	₹274.25
Open	₹275.50
Volume	55.77K
Upper Circuit	-
Lower Circuit	-
Market Cap	₹356.53Cr

Company Information

Aries AgroVet Industries Private Limited was founded by Dr. T.B. Mirchandani and Mrs. Bala Mirchandani in 1969. It became a public limited company in 1994 and was later renamed as Aries Agro Limited in 2006. The company, headquartered in Mumbai, produces Agromin Chelated Micronutrients and Chelamin Chelated Zinc at 4 manufacturing plants at Mumbai, Hyderabad, Bangalore and Kolkata with a combined installed capacity of 21600 tonnes per annum. It initially started off by providing mineral feed additives for birds and animals, and gradually became the brand leader in the field of mineral nutrition. In 1975, it diversified into Agrochemicals with Chelated Micronutrients and Plantomycin, a bactericide for Agriculture, followed by the introduction of plant hormones. In 2001, it included secondary nutrients, Sulphur, Magnesium and Calcium, and in 2002, it added value-added water-soluble complexes of Nitrogen (N), Phosphorus (P) and Potassium (K).

Share Price: ₹268.70 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹356.53Cr as of today
Revenue: ₹146.95Cr as on December 2023 (Q4 23)
Net Profit: ₹7.69Cr as on December 2023 (Q4 23)
Listing date: 11 Jan, 2008
Chairperson Name: Rahul Mirchandani

Organisation	Aries Agro Ltd
Headquarters
Industry	Fertilizers
E-voting on shares	Click here to vote

Key events for Aries Agro Ltd

Aries Agro Signs MOUs with Leading Indian Manufacturers for Co-Marketing of Patented Molecules - 30 Apr, 2024
Aries Agro Limited has signed three MOUs with Rallis India Ltd., Seedlings India Pvt Ltd, and Godrej Agrovet Limited to enter the co-marketing of patented molecules. The company's revenue from operations grew by 10.2% in Q3 FY23-24, accompanied by a net profit increase of 59.2%. Promoters holdings remain unchanged at 52.66%, while public holdings decreased by 0.92% in Q4 FY23-24. Aries Agro has delivered positive returns of about 57.7% in the last one year and nearly 61.8% in the last six months.
Aries Agro's Low ROE May Not Benefit Investors Despite Positive Factors - 03 Apr, 2024
Aries Agro Ltd has seen a 30% increase in stock price over the past three months. However, its return on equity (ROE) of 5.7% is lower than the industry average of 12%. The company has shown decent net income growth and a low payout ratio but may not be benefiting investors due to reinvestment with low ROE.

Fundamentals of Aries Agro Ltd

Insights on Aries Agro Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 2.38% to 3.29% in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 52.66% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, Fertilizers & Chemicals Travancore Ltd has given 515.4% return, outperforming this stock by 335.9%
NO EFFECT
Against Peers
In the last 1 year, Fertilizers & Chemicals Travancore Ltd has given 102.9% return, outperforming this stock by 54.0%
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 158.21 Cr → 147.15 Cr (in ₹), with an average decrease of 7.0% per quarter
NEGATIVE IMPACT
Price Dip
In the last 1 month, ARIES stock has moved down by -4.5%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 44.97% to 44.05% in Mar 2024 quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 12.49 Cr → 7.81 Cr (in ₹), with an average decrease of 37.5% per quarter