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Penny Stock Spright Agro Enters Two Consecutive Upper Circuits After ₹283.77 Crore Deal Win

By Shishta Dutta | Updated at: Oct 15, 2025 05:29 PM IST

Penny Stock Spright Agro Enters Two Consecutive Upper Circuits After ₹283.77 Crore Deal Win
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Ahmedabad, 15 October 2025 – Spright Agro Ltd’s (BSE: 531205) stock edged up for a second consecutive day, hitting the 5% upper circuit at ₹1.06 on Wednesday’s trade. The stock has edged higher after the company announced a ₹283.77 crore Annual Supply Agreement for FY2025–26 with Naadir Traders Pvt Ltd, which boosted investor confidence.

Formerly known as Tine Agro Limited, Spright Agro Ltd undertakes trading and distribution business for agri-commodities, specializing in oilseeds. Ahmedabad-based, the company operates on a national scale and is listed on the BSE.

Deal Details and Market Reaction

The agreement features the annual supply of oilseed products like soybean, sunflower, flax, and Malkangini seeds at a fixed price, ensuring constant dispatches and revenues for the financial year. At 02:58 p.m. IST, the stock was at its day’s high of 4.95% against the previous close of ₹1.01. The counter registered huge volumes of 465.34 lakh shares with a turnover of ₹4.92 crore. The stock continues to be under ASM LT: Stage 1 surveillance with a 52-week range of ₹0.96 to ₹16.79.

Financial Overview

Spright Agro has a TTM EPS of ₹0.21 with a P/E ratio of 5.05, while ROE/PB is 18.14/0.91. The stock falls under the category of Trading & Distributors on BSE, having a face value of ₹1.

The ₹283.77 crore purchase of Naadir Traders is seen as an operational landmark success, which will enhance revenue visibility, optimize supply chain utilization, and advance the order book of the company for FY2025–26.

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