Parag Milk Foods is currently trading at Rs. 303.95, up by 2.85 points or 0.95% from its previous closing of Rs. 301.10 on the BSE.
The scrip opened at Rs. 304.75 and has touched a high and low of Rs. 304.75 and Rs. 302.05 respectively. So far 21992 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 414.95 on 17-May-2018 and a 52 week low of Rs. 226.20 on 25-Sep-2017.
Last one week high and low of the scrip stood at Rs. 308.25 and Rs. 297.10 respectively. The current market cap of the company is Rs. 2548.67 crore.
The promoters holding in the company stood at 45.96%, while Institutions and Non-Institutions held 26.77% and 27.27% respectively.
Parag Milk Foods has launched fresh milk made from 100% cow’s milk under the brand Gowardhan in the Delhi NCR region. The fresh milk will be supplied from the recently acquired Sonipat Plant from Danone Foods and Beverages. Along with Delhi NCR, the company also plans to reach out to the neighboring regions within 250-300 km radius of the Sonipat plant.
According to industry experts, the fresh milk market in Delhi-NCR is close to Rs 1,000 crore. North India presence will further strengthen the company as the largest player in the Indian private dairy sector involved in the procurement, manufacturing, marketing and distribution of products produced exclusively from pure and fresh cow’s milk.
In the coming weeks, along with fresh milk production, the company will also upgrade the new facility with additional amenities for the supply of curd, buttermilk and yogurt. Thereon, the company will begin to supply these products to the North and East markets from the Sonipat plant.
Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan India presence.
| Company Name | CMP |
|---|---|
| Varun Beverages | 474.05 |
| Nestle | 1285.65 |
| Britannia Inds | 5733.75 |
| LT Foods | 422.10 |
| Hatsun Agro Product | 979.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: