Islamabad, Feb 21: Agritech Limited (PSX: AGL) has officially resumed operations at its urea plant as of February 21, 2025. In a recent stock exchange filing, the company confirmed, “The urea plant operations have been restarted today, February 21, 2025.”
Earlier this week, AGL temporarily halted production for an unscheduled maintenance period that lasted approximately four days. The necessary maintenance work has now been successfully completed, allowing the plant to return to full operational capacity.
Agritech Limited specializes in the production and sale of fertilizers, primarily Urea and Granulated Single Super Phosphate (GSSP). The company’s products play a crucial role in supporting Pakistan’s agricultural sector by ensuring a steady supply of essential fertilizers for crop growth.
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Despite the positive development of resuming production, AGL’s stock experienced a slight dip on Friday. At the time of filing, the share price stood at Rs. 55.65, reflecting a decline of 1.26 percent or Rs. 0.71, with a trading volume exceeding 131,436 shares.
The company’s commitment to maintaining production efficiency and ensuring timely maintenance underscores its role as a key player in Pakistan’s fertilizer industry. Market analysts will be closely watching AGL’s performance in the coming days to assess the impact of the resumed operations on its stock value and overall market sentiment.
