Mukka Protein up 9% on ₹44 cr order from domestic & global clients
In a significant development, Mukka Proteins Ltd’s shares have surged up to 9% after the company secured a substantial order worth ₹44.28 crore for fish meal supply from prominent clients in the domestic and global markets. The orders, received from Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd, have bolstered investor confidence and reinforced the company’s growth prospects in the domestic and international markets.
Mukka Proteins Ltd is a leading player in the Indian fish meal industry, which is a critical component in the production of animal feed, aquaculture, and other industrial applications. The company’s fish meal products are renowned for their high-quality and consistency, making it a preferred choice among clients across the globe.
The ₹44.28 crore order is a testament to Mukka Proteins Ltd’s reputation and capabilities in the industry. The company’s ability to supply high-quality fish meal products to leading players in the domestic and international markets has earned it a strong reputation and loyalty among its clients.
The order from Avanti Feeds Ltd, a prominent player in the Indian aquaculture industry, is particularly significant. Avanti Feeds Ltd is known for its high-quality fish and shrimp farming, and its partnership with Mukka Proteins Ltd reinforces the company’s commitment to providing the best products to its clients.
The order from Mukka Proteins Vietnam Co. Ltd, a subsidiary of the company, is also noteworthy. The Vietnam-based entity is a significant player in the global fish meal industry, and its partnership with Mukka Proteins Ltd further solidifies the company’s position in the international market.
The order from Padma Feed & Chicks Ltd, a leading player in the Indian animal feed industry, is also a significant development. Padma Feed & Chicks Ltd is known for its high-quality animal feed products, and its partnership with Mukka Proteins Ltd reinforces the company’s commitment to providing the best products to its clients.
The order worth ₹44.28 crore is expected to have a positive impact on Mukka Proteins Ltd’s financial performance. The company’s revenue is expected to receive a significant boost, which will have a positive impact on its net profit and overall growth prospects.
The news has sent a strong positive signal to investors, who have been seeking opportunities to invest in the Indian fish meal industry. Mukka Proteins Ltd’s shares have surged up to 9% following the announcement, indicating a strong demand for the company’s shares.
The company’s growth prospects are also expected to receive a significant boost from the order. The global fish meal industry is expected to grow at a CAGR of 5-6% in the coming years, driven by increasing demand for high-quality fish meal products. Mukka Proteins Ltd is well-positioned to benefit from this growth, given its reputation, capabilities, and partnerships with leading players in the industry.
In conclusion, Mukka Proteins Ltd’s shares have surged up to 9% following the company’s receipt of a significant order worth ₹44.28 crore from leading clients in the domestic and global markets. The order is a testament to the company’s reputation and capabilities in the fish meal industry, and its growth prospects are expected to receive a significant boost from the partnership.
The news has sent a strong positive signal to investors, who are seeking opportunities to invest in the Indian fish meal industry. Mukka Proteins Ltd’s shares are expected to continue their upward trend, driven by the company’s strong growth prospects and partnerships with leading players in the industry.
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