Venky'S plans Rs 107 crore expansion;stock up

MUMBAI: Venky'S is set for an expansion-cum-modernisation programme at an estimated cost of Rs 107 crore, to augment the capacities in poultry and animal health products segments, modernisation in oilseed segment and for setting up of 'Venky's Xprs' outlets.

The expansion-cum-modernisation programme will be funded by internal accruals and long term loans.

The stock was at Rs 620.30, up 1.54 per cent on the NSE. It touched a high of Rs 628 and low of Rs 617 in trade so far.