Madhya Bharat Agro to set up 1000 TPD SSP/GSSP and integrated fertilizer plant in Dhule
Madhya Bharat Agro Products Limited has announced plans to establish a 1000 TPD Single Super Phosphate (SSP) and Granular Single Super Phosphate (GSSP) plant in Dhule, Maharashtra.
The facility will also include manufacturing activities related to fertilizers, including a fully integrated DAP/NPK plant with Phosphoric Acid and Sulphuric Acid units.
This development follows earlier disclosures made on 14th March 2023, 18th August 2023, 1st March 2024, and 29th March 2024, regarding the setting up of the DAP/NPK plant at the Nardana Industrial Area in Dhule. The project is a significant step towards strengthening the company's presence in the fertilizer manufacturing sector and supporting India's agricultural needs.
In the meantime, Madhya Bharat Agro shares traded in a narrow range today, opening at ₹357.90 and touching a high of ₹364.00. The stock remains significantly above its 52-week low of ₹197.00 but below its 52-week high of ₹394.90.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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