Stock market update: Stocks of THIS company in focus as company begins rollout of agritech strategy, check full details

The company's focus is on connecting farmers to markets, storage, logistics and other services through a digital platform rather than just providing them with individual facilities.

Stock market update: Bartronics India Ltd., a small-cap IT stock, are in focus as the company in it latest exchange filing said that it has begun implementing its agritech strategy on the ground. The company has completed a successful on-ground rollout in Maharashtra and is now preparing to expand into Uttar Pradesh. According to the filing, 10 field sessions were held in key agricultural districts of Maharashtra over the past two weeks, involving farmers, FPOs, cooperatives, traders, commission agents, logistics and warehouse operators, food processors, and rural service providers.

The company said that through these networks, direct access has been established to lakhs of farmers, while through linked FPOs and other means, there is a possibility of reaching more than 10 lakh farmers.

The company’s focus is on connecting farmers to markets, storage, logistics and other services through a digital platform rather than just providing them with individual facilities.

Bartronics MD Vidya Sagar Reddy said that the positive response received in Maharashtra clearly shows that their platform model is successful, and now the same model will be implemented in Uttar Pradesh and other states.

Meanwhile, Ampivo AI also soft-launched its multi-language agritech app, which will serve as the digital foundation for farmers’ onboarding and connecting the entire agri ecosystem. This initiative is now moving from the pilot stage to a large-scale implementation across the country.

The company’s stock was trading at Rs 12.18, down 2.56% or Rs 0.32 on the BSE today, while on the NSE the stock was trading at Rs 12.21, down 2.55% or Rs 0.32.

Recently, the company informed that the Board of Directors has approved the proposal to change the name of the company to ‘Avio Smart Market Stack Limited’, which will be implemented after the approval of the Ministry.

Additionally, the company plans to rename its wholly-owned subsidiary, BIL Healthtech Private Limited, in line with the new brand identity. The board meeting also decided that the company will be able to borrow up to ₹250 crore, subject to shareholder approval.