Milky Mist Shares Surge Following Record Profit Growth
Indian dairy cooperative Milky Mist reported a tenfold increase in quarterly profits and strong revenue growth, driving its newly listed shares to record highs. Investors responded enthusiastically to the company’s robust financial performance and expansion prospects.
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Milky Mist shares rally over 9% after Q1 profit surges nearly tenfold
Milky Mist Dairy Food shares rallied over 9% after the dairy products maker reported a nearly tenfold year-on-year jump in Q1 profit to Rs 65 crore, while revenue rose 43.6%. Stronger margins and robust growth across key categories, including yoghurt, ice cream, cheese and paneer, supported the performance.
Read full article →Milky Mist shares hit upper circuit as net profit jumps over 1,000%; stock up 28% in 2 weeks since listing - Moneycontrol.com
Milky Mist shares hit upper circuit as net profit jumps over 1,000%; stock up 28% in 2 weeks since listing Moneycontrol.com
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