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PRABHAT MILK
Prabhat Dairy jumps 5% on sale of unit to Tirumala MilkPrabhat Dairy had informed in a regulatory filing in January Tirumala Milk Products was acquiring its dairy business for Rs 1,700 crore.- Prabhat Dairy plunges after 20% rally on Rs 1,700 cr dealThe company has struck a deal to sell its the milk-processing business via slump sale.
- Lactalis to buy Prabhat Dairy business for Rs 1,700 croreLactalis’ local arm, Tirumala Milk Products, will acquire Prabhat’s dairy business as well as its step-down subsidiary Sunfresh Agro Indust...
- Many celebrity investors rushing to this sector; should you invest?Renowned investor Vijay Kedia held 1 per cent stake in Heritage Foods as of June 30.
- Milk spills onto the street, dairy stocks fall upto 10%Prabhat Diary declined 10 per cent to Rs 152 on the BSE while Parag Milk Foods plunged 5 per cent to Rs 289.
- Stocks of these regional dairy firms may give good returnsMost dairy companies declared good results in the second quarter of 2017-18. They are expected to report even better numbers in the coming ...
- Prabhat Dairy gains over 2% on Rs 2,000 crore FY20 revenue targetPrabhat Dairy is also planning to expand its product portfolio and national footprint to enter into lucrative markets across India.
- Prabhat Dairy aims Rs 2K cr biz by 2020 on region and product expansionThe company, which unveiled a new corporate identity and a logo, aims to achieve a revenue of more than Rs 100 crore from UHT products alon...
- Cow milk matters to D-St: Stock rallies 250% in Modi regime, 1,400% in 5 yrsAmong the listed dairy stocks, this firm generates 77% of its revenues from milk business.
- We are targeting a revenue of around 50% by 2020: Vivek Nirmal, Joint MD, Prabhat DairyWe are amongst the few companies in India to have such a wide range of basket: Vivek Nirmal, Joint MD, Prabhat Dairy.
- Buy Prabhat Dairy Ltd. target Rs 140: ICICI DirectBuy Prabhat Dairy Ltd. at a price target of Rs 140.
- Post demonetisation, drought-hit dairies take up powder conversion in winterUsually, large dairies convert excess liquid milk production in winter seasons into SMP to be used for converting it into milk later during...
- Buzzing stocks: Dairy stocks Umang, Prabhat and Parag Milk surge up to 19% in early tradeUmang Dairies on February 6 reported a net loss of Rs 0.18 crore for the quarter ended December 31, 2016 against net profit of Rs 2.79 cror...
- Packaging firms investing in new products to meet dairy sector demandProliferation of ecommerce, coupled with revolution in retail industry in India, is also “pushing the growth of the packaging sector.
- Private dairies adopt small format parlours model, eyeing better marginsHeritage Foods, which currently has around 1,600 milk parlours, is currently reporting sales of about Rs 7,000 a day per parlour.
- As more people buy dairy products, more investors bet on these stocksPrabhat Dairy was the best performing stock on Wednesday, up 20%. Umang surged 19% and Kwality rose almost 8%. Parag Milk Foods edged 0.2% ...
- Dairy companies woo cattle farmers for steady supplyIndustry executives say the share of the organised dairy segment in the Indian dairy industry is expected to improve from about 19 per cent...
- Parag Milk IPO kicks off, brokerages say price band steepAnalysts believe the issue may offer only limited listing gains given its premium valuation, but they expect it yield decent returns over t...
- Prabhat Dairy plans to raise around Rs 300 crore through IPOMilk and dairy products firm Prabhat Dairy plans to garner up to Rs 300 crore by issuing fresh equity shares and offer for sale of up to 1....
- Rabo Private Equity, Abraaj Capital set to invest Rs 100 crore in Prabhat DairyRabo Private Equity and Abraaj Capital are in advanced stages of buying a small stake in Ahmednagar-based Prabhat Dairy worth Rs 100 crore,...
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