Sheel Biotech Secures Rs 21.39 Crore Contract for Precision Farming Centres in Jammu & Kashmir
Sheel Biotech Limited has secured a significant contract from the Jammu & Kashmir Agro Industries Development Corporation Limited (JKAIDCL). The company was granted a Letter of Allotment (LOA) to establish five Centres of Excellence (COE) for Precision Farming on a turnkey basis.The agreement with JKAIDCL covers the establishment of these centers across five districts within the Union Territory of Jammu & Kashmir, India. The contract price assigned to Sheel Biotech Limited for this undertaking is Rs 21.39 Crore.
These developments are identified by the company as part of its strategic growth initiatives and are expected to strengthen Sheel Biotech’s operational capabilities in the agricultural sector.
SHEEL Stock Price Movement
As of 1:25 PM, shares of Sheel Biotech Limited are holding steady at ₹69.00 in live trading, retaining their previous close as the company continues to trade. So far, 10,000 shares have been transacted, with the stock currently operating within a price range defined by ₹65.55 and ₹72.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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