Upper Circuit Alert: Micro-cap agrochemical company received an order worth Rs 8,60,08,469 from National Fertilizers Ltd

The stock is up by 57.4 per cent from its 52-week low of Rs 82.70 per share.

On Wednesday, shares of Aristo Bio-Tech & Lifescience hit a 5 per cent upper circuit to Rs 130.25 per share from its previous closing of Rs 124.05 per share.  

Aristo Bio-Tech & Lifescience Limited has received a Letter of Intent (LOI) valued at approximately Rs 8,60,08,469 from National Fertilizers Limited, a domestic entity. This LOI is for the supply of various agrochemicals, with payment terms set at 90 days from the invoice date. The contract's validity extends from the date of the LOI's issuance until September 30, 2025.

Aristo Bio-Tech & Lifescience Ltd (ABTL), incorporated in 2005, is an ISO 9001:2008 certified company specialising in the manufacturing, formulation, supply, and packaging of a wide range of pesticides and agrochemicals. Its extensive product portfolio includes insecticides, herbicides, fungicides, and plant growth regulators, with 257 products currently registered with CIB&RC for both domestic and international markets. The company produces popular brands such as Machete, Lasso, Fastmix, Roundup Speed, Seamer, and Vam C (Ramban), all processed at its dedicated Pesticides Formulation & Packaging Unit in Savli, Vadodara, which features separate plants for different chemical formulations.

The stock of the company was listed on the NSE as an SME company with a lot size of Rs 1,600 equity shares. As of March 2025, the promoters own a 73.42 per cent stake and the rest 26.58 per cent stake is owned by the public. The company has a market cap of Rs 88.60 crore. The shares of the company have a PE of 22x whereas the industry PE is 38x. The stock is up by 57.4 per cent from its 52-week low of Rs 82.70 per share.

Disclaimer: The article is for informational purposes only and not investment advice.