Mukka Protein up 9% on ₹44 cr order from domestic & global clients
Mukka Proteins Ltd, a micro-cap stock, has witnessed a significant surge of up to 9% in its share price after securing a substantial order worth ₹44.28 crore for fish meal supply from leading companies in the industry. The orders have been placed by Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd, solidifying the company’s position in both the domestic and international markets.
Mukka Proteins Ltd’s shares rose sharply, attracting the attention of investors and analysts alike. This development is expected to have a positive impact on the company’s growth prospects, reinforcing investor confidence in its ability to deliver strong financial performance.
The order is a testament to the company’s expertise and reputation in the production of high-quality fish meal, a vital ingredient in the aquaculture industry. The fish meal market has been growing steadily, driven by the increasing demand for protein-rich feed in the poultry and aquaculture sectors. Mukka Proteins Ltd’s ability to secure large orders from prominent clients underscores its commitment to meeting the evolving needs of the industry.
Avanti Feeds Ltd, a leading player in the aquafeed industry, has placed an order worth ₹24.28 crore for fish meal supply. This order is a significant endorsement of Mukka Proteins Ltd’s capabilities and is expected to contribute substantially to the company’s revenue. Avanti Feeds Ltd has a strong presence in the Indian market and is known for its high-quality aquafeed products.
Mukka Proteins Vietnam Co. Ltd, a subsidiary of Mukka Proteins Ltd, has also placed an order worth ₹10 crore for fish meal supply. This order is a reflection of the company’s growing presence in the international market and its ability to cater to the needs of global clients. Mukka Proteins Vietnam Co. Ltd has been successful in expanding its customer base and increasing its market share in the Vietnamese aquafeed industry.
Padma Feed & Chicks Ltd, a leading player in the poultry feed industry, has placed an order worth ₹10 crore for fish meal supply. This order is a significant development for Mukka Proteins Ltd, as it marks the company’s entry into the poultry feed market. Padma Feed & Chicks Ltd has a strong presence in the Indian market and is known for its high-quality poultry feed products.
The order is expected to have a positive impact on Mukka Proteins Ltd’s financial performance, with the company expected to report a significant increase in revenue and profit. The company’s ability to secure large orders from prominent clients is expected to strengthen its growth outlook, reinforcing investor confidence in its ability to deliver strong financial performance.
Mukka Proteins Ltd’s stock has been on an upward trend in recent months, driven by the company’s growing presence in the domestic and international markets. The stock has been gaining traction among investors, who are attracted to the company’s strong growth prospects and its ability to deliver high-quality products.
In conclusion, Mukka Proteins Ltd’s share price surge is a testament to the company’s growing presence in the domestic and international markets. The order worth ₹44.28 crore from Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd is a significant development for the company, reinforcing investor confidence in its ability to deliver strong financial performance. The company’s growth prospects look promising, and investors are likely to continue to benefit from its strong track record and growing presence in the market.
