Coromandel International shares surged nearly 2%, reaching a new 52-week high of Rs 1,855.00 after announcing a partnership with Mahindra & Mahindra’s Farm Equipment Sector (FES).
Coromandel International’s shares opened at ₹1,825.00, with a high of ₹1,855.00 and a low of ₹1,811.70 today. The stock’s new 52-week high is ₹1,855.00 and the 52-week low stands at ₹1,024.60.
The collaboration under the Krish-e platform will expand Coromandel’s Gromor Drive drone spraying services to farmers across India, currently operational in seven states.
The service stands out due to Coromandel’s integration with its subsidiary, Dhaksha Unmanned Systems, which ensures reliable drone supply, trained pilots, and consistent service support. The partnership enhances accessibility via Mahindra’s ‘Krish-e Kheti Ke Liye App,’ offering tech-driven solutions to improve agricultural productivity and income for farmers.
This strategic collaboration positions Coromandel at the forefront of sustainable farming innovation, benefiting both Indian farmers and the agricultural ecosystem.
As of 12:22 pm, Coromandel International shares were trading 1.18% higher at Rs 1,840.75 on the NSE.
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