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Parag Milk Foods gains on launching ‘Avvatar Advanced Mass Gainer’

11 Dec 2018 Evaluate

Parag Milk Foods is currently trading at Rs. 236.75, up by 0.10 points or 0.04% from its previous closing of Rs. 236.65 on the BSE.

The scrip opened at Rs. 233.00 and has touched a high and low of Rs. 238.30 and Rs. 232.00 respectively. So far 14861 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. 223.00 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 252.10 and Rs. 232.00 respectively. The current market cap of the company is Rs. 1983.84 crore.

The promoters holding in the company stood at 45.96%, while Institutions and Non-Institutions held 25.53% and 28.51% respectively.

Parag Milk Foods has launched Avvatar Advanced Mass Gainer, a product specially designed for weight gain. Made from 100% fresh cow’s milk, Avvatar Advanced Mass Gainer provides the consumer with a healthy balance of the freshest blend of protein and carbohydrates along with vital vitamins and minerals that helps gain mass the right way.

Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan India presence.

Peers
Company Name CMP
Nestle India 1372.00
Varun Beverages 416.00
Britannia Industries 4990.00
LT Foods 421.80
Hatsun Agro Product 1182.70
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