Mukka Protein up 9% on ₹44 cr order from domestic & global clients
Mukka Proteins Ltd, a microcap stock, has witnessed a significant surge in its shares, rising up to 9% after securing massive work orders worth ₹44.28 crore for fish meal supply from prominent clients across the domestic and international markets. The orders have not only reinforced investor confidence but also strengthened the company’s growth outlook in the coming months.
As per the recent development, Mukka Proteins Ltd has received significant orders from Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd. The orders are a testament to the company’s growing reputation and credibility in the fish meal industry. Fish meal is a crucial ingredient used in the production of animal feed, and Mukka Proteins Ltd’s ability to supply high-quality fish meal has earned it a strong reputation among clients.
The order worth ₹44.28 crore is a significant boost to Mukka Proteins Ltd’s revenue prospects. The company’s ability to secure such a massive order from prominent clients demonstrates its strong market presence and competitive edge in the industry. The company’s shares have responded positively to this news, with the stock price surging up to 9% in a single trading session.
Mukka Proteins Ltd’s fish meal production capacity is one of the highest in the country, and its ability to supply high-quality fish meal has made it a preferred choice among clients. The company’s fish meal is used in the production of animal feed, aquaculture, and pet food, among other applications. The company’s strong market presence and reputation have enabled it to secure orders from prominent clients across the domestic and international markets.
The fish meal industry has been growing rapidly in recent years, driven by increasing demand for animal feed and pet food. The industry is expected to continue growing at a CAGR of 8-10% over the next few years, driven by increasing demand for protein-rich feed and rising awareness about the importance of animal nutrition. Mukka Proteins Ltd’s ability to capitalize on this growth trend has enabled it to secure significant orders and strengthen its position in the market.
The company’s ability to expand its customer base and secure orders from prominent clients is a significant achievement. Mukka Proteins Ltd has been focusing on expanding its customer base and improving its supply chain management to increase its market share. The company’s ability to secure orders from Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd demonstrates its success in these efforts.
The orders received by Mukka Proteins Ltd are a significant boost to its revenue prospects. The company’s ability to secure such a massive order from prominent clients demonstrates its strong market presence and competitive edge in the industry. The company’s shares have responded positively to this news, with the stock price surging up to 9% in a single trading session.
In conclusion, Mukka Proteins Ltd’s shares have surged up to 9% after securing significant work orders worth ₹44.28 crore for fish meal supply from Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd. The orders reinforce investor confidence and strengthen the company’s growth outlook in the domestic and international markets. The company’s ability to capitalize on the growth trend in the fish meal industry and expand its customer base has enabled it to secure significant orders and strengthen its position in the market.
