Multibagger penny stock under Rs 15 announces strategic purchase of agricultural products from Murae Organisor Ltd worth over Rs 44,13,50,000
The stock gave multibagger returns of 160 per cent in just 1 year whereas BSE Sensex Index is up by 24 per cent in the same period.
AA Plus Tradelink Ltd has ventured into agricultural solutions and products, is pleased to announce the recent strategic purchase of specialized fertilizers and pesticides from Murae Organisor Ltd, totalling an investment of Rs 44,13,50,000.
This acquisition encompasses a range of advanced agricultural products which AA Plus plans to distribute in both the international and domestic markets over the next 6 months. The company has secured these products at a competitive rate, ensuring the availability of premium quality fertilizers and pesticides to meet the growing demands of our diverse clientele.
AA Plus is bullish on a new venture that they believe holds significant profit potential, projecting a margin between 8.5 per cent and 13 per cent. This strategic move aligns with their long-term goals of expanding market presence and driving revenue growth. It also positions them to capitalize on booming agricultural markets, particularly in regions experiencing rapid productivity increases. By securing a steady supply of high-quality fertilizers and pesticides, AA Plus is well-equipped to meet the rising demand from farmers and agricultural businesses. They remain committed to pursuing strategic opportunities that fuel their growth while delivering value to both shareholders and stakeholders.
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Incorporated in 2016, AA Plus Trade Link Ltd trades in products made of iron & steel, aluminium, graphite and other alloy products. It takes contracts from builders for the end-to-end supply and fitting of aluminium windows along with the glass. The company has a market cap of Rs 33.73 crore.
Today, shares of AA Plus Tradelink Ltd hit a 5 per cent upper circuit to Rs 13.77 per share from its previous closing of Rs 13.12. The 52-week high of the stock is Rs 20.44 and the 52-week low of Rs 4.70. The stock gave multibagger returns of 160 per cent in just 1 year whereas BSE Sensex Index is up by 24 per cent in the same period.
Disclaimer: The article is for informational purposes only and not investment advice.
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