Mukka Proteins Ltd shares 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.
In a significant development, Mukka Proteins Ltd, a leading manufacturer of fishmeal and fish oil, has received a substantial order worth ₹44.28 crore for the supply of fish meal to Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd. As a result, the company’s shares have jumped up to 9% in a single trading session, indicating a significant boost in investor confidence.
This order is a testament to the company’s growing reputation in the domestic and international markets, as well as its ability to deliver high-quality products to its clients. The fish meal supply orders from these reputed clients are expected to have a positive impact on the company’s revenue and profitability in the coming quarters.
Avanti Feeds Ltd, a leading player in the aquaculture industry, is one of the prominent clients that have placed orders with Mukka Proteins Ltd. The company has been catering to the aquafeed requirements of Avanti Feeds Ltd for several years, and this order further reinforces their partnership.
Mukka Proteins Vietnam Co. Ltd, the company’s international arm, has also placed a significant order for fish meal supply. This order underscores the company’s growing presence in the international market and its ability to cater to the increasing demand for fishmeal and fish oil globally.
Padma Feed & Chicks Ltd, another prominent client, has also placed an order for fish meal supply, further solidifying Mukka Proteins Ltd’s position as a leading supplier in the industry.
The ₹44.28 crore order is a significant milestone for Mukka Proteins Ltd, and it is expected to have a positive impact on the company’s financials in the coming quarters. The order is expected to contribute to the company’s revenue and profitability, and it will also help the company to strengthen its market position and expand its customer base.
In conclusion, the significant order worth ₹44.28 crore from Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd is a testament to Mukka Proteins Ltd’s growing reputation in the domestic and international markets. The company’s ability to deliver high-quality products and its growing presence in the international market are expected to have a positive impact on its revenue and profitability in the coming quarters.
As the company continues to grow and expand its operations, investors can expect to see further growth and profitability from Mukka Proteins Ltd. The company’s ability to adapt to changing market conditions and its commitment to delivering high-quality products are expected to drive its growth and profitability in the long term.
For investors looking to invest in a company with a strong growth outlook, Mukka Proteins Ltd is definitely a stock worth considering. The company’s growing presence in the domestic and international markets, its ability to deliver high-quality products, and its commitment to growth and profitability make it an attractive investment opportunity.
