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Godrej Agrovet: Stock jumps after signing ₹960 Cr MoU with Govt of India

Godrej Agrovet Limited has signed a non-binding MoU with MoFPI to invest INR 960 crore in manufacturing and R&D, enhancing its Oil Palm and Pet Food businesses.

Introduction

Leading Indian agri-food firm partners with MoFPI to invest INR 960 crore in state-of-the-art manufacturing and R&D facilities, enhancing Oil Palm and Pet Food businesses across five Indian states.

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Share price movement of Godrej Agrovet

On September 29, 2025, Godrej Agrovet Ltd opened at ₹725.05, up 1.19% from its previous close of ₹716.40. The stock touched a high of ₹728.00 and a low of ₹703.85. By 12:17 PM, it traded at ₹710.85, a 0.77% decrease, with a market cap of ₹13,671.67 crore.

Godrej Agrovet Signs MoU with MoFPI

Godrej Agrovet Limited has signed a non-binding MoU with the Ministry of Food Processing Industries (MoFPI), Government of India. The agreement was signed during World Food India 2025.

The MoU proposes an investment of INR 960 crore. Godrej Agrovet will establish state-of-the-art manufacturing facilities and an upstream R&D center to strengthen food processing capabilities.

The investment focuses on the company’s Oil Palm and Pet Food businesses. Facilities will be set up across Andhra Pradesh, Assam, Tripura, Telangana, and Maharashtra, as part of the planned expansion.

Stock performance of Godrej Agrovet for Period of 1 week, 6 months, and 1 year

Godrej Agrovet Ltd delivered a -2.59% return over the past week. The stock declined 8.40% in the past six months and fell 7.55% over the past year.

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Shareholding pattern of Godrej Agrovet

ParticularsJun 2025Mar 2025Dec 2024
Promoter67.50%67.60%67.60%
FII7.30%7.60%7.10%
DII5.00%5.50%6.30%
Public20.20%19.50%19.10%

About Godrej Agrovet

Godrej Agrovet Ltd (NSE: GODREJAGRO) is a diversified, R&D-focused agri-business company. It leads in Animal Feed, Crop Protection, Oil Palm, Dairy, Poultry, and Processed Foods, improving productivity for Indian farmers.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Godrej Agrovet share price going up today?

A: Godrej Agrovet share price is rising after signing a non-binding MoU with MoFPI to invest in manufacturing and R&D facilities.

Q: What does Godrej Agrovet Ltd specialize in?

A: Godrej Agrovet Ltd specializes in Animal Feed, Crop Protection, Oil Palm, Dairy, Poultry, and Processed Foods, focusing on sustainable agricultural productivity.

Q: What is the market capitalization of Godrej Agrovet Ltd?

A: The market capitalization of Godrej Agrovet Ltd is ₹13,671.67 crore.

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