Prataap Snacks is currently trading at Rs. 902.00, up by 13.00 points or 1.46% from its previous closing of Rs. 889.00 on the BSE.
The scrip opened at Rs. 909.95 and has touched a high and low of Rs. 939.75 and Rs. 898.70 respectively. So far 208 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1322.80 on 23-May-2018 and a 52 week low of Rs. 800.10 on 28-Feb-2019.
Last one week high and low of the scrip stood at Rs. 939.75 and Rs. 845.00 respectively. The current market cap of the company is Rs. 2120.15 crore.
The promoters holding in the company stood at 71.43%, while Institutions and Non-Institutions held 24.03% and 4.54% respectively.
Prataap Snacks is planning to launch variants like Cup Cake and Tiffin Cake in the coming months, which will further elevate the growth of this sweet snacks portfolio in FY20.
The company is excited with the encouraging response for its sweet snacks portfolio. The Cookie Cake product is being well accepted in the market and the company is witnessing good traction. Considering this, the company is expanding production capacity for sweet snacks by adding more lines in the existing plant.
Prataap Snacks is Indore-based Indian Snack Food Company. It sells products under the brand name ‘Yellow Diamond’. The company is among the top 6 Indian organized snack market. It has a diversified product portfolio including traditional and western snacks.
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