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Mishtann Foods promoter laps up shares from open markets in tranches - Vimarsana News

Mishtann Foods promoter laps up shares from open markets in tranches

New Delhi [India], November 28 (ANI/PNN): BSE listed Mishtann Foods has been in the spotlight of late as the promoters of the company continue to buy stake in it at the lower levels. In a regulatory filing with the BSE, the company informed that its promoter Hitesh kumar Patel has hiked his stake in the company through open market purchase. In the latest tranche of picking up the stake, Patel bought 79,711 equity shares of the company, aggregating to Rs 7,18,196 at an average price of Rs 9 per share. Patel has been picking up shares in multiple tranches since 15 November, 2022 and is still buy...

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New DelhiRavi SinghHead Of Research At Share IndiaMishtann FoodsMishtann FoodGrain Based EthanolShare IndiaNew Delhi IndiaOvember 28 Ani Pnn Bse Listed Mishtann Foods Has Been In The Spotlight Of Late As Promoters Company Continue To Buy Stake It At Lower Levels Ina Regulatory Filing WithHe Company Informed That Its Promoter Hitesh Kumar Patel Has Hiked His Stake In The Through Open Market Purchase Latest Tranche Of Picking UpAtel Bought 79711 Equity Shares Of The CompanyGgregating To Rs 7196 At An Average Price Of Rs 9 Per Share Patel Has Been Picking Up Shares In Multiple Tranches Since 15 November022 And Is Still Buying Ona Regular BasisHich Increased His Stake To 49 37 Per Cent In The Company From 36 EarlierIshtann Food Has Announced Plans To Set Upa 1000 Kilolitres Per Day Klpd Grain Based Ethanol Manufacturing Facility In GujaratIkely Commence The Operations Of Plant From Second Quarter 2024 Mishtann Foods Has Informed That It Executeda Memorandum Understanding Mou With Government Gujarat For Setting Up India 39s Biggest Grain Based Ethanol Project 1000 Klpd In Ravi SinghIce President And Head Of Research At Share India SaidUot Mishtann Foods Has Given Robust Sales Figures And Steady Revenue Growth Throughout The Quarters Due To Its Sustainable Business Model Positive Outlook Of Fmcg Sector Is Well Supporting Stock Company 39s Continuous InvestmentsAunches Of New Products And Order Book Are Expected To Improve The Financials Further In Coming Quarters Mishtann Foods Stock Is Showing Strength On Daily Chart Has Potential Touch Levels 11 12 Near Term Quot Proposed Project Likely Incura Cost Rs 2250 To The CompanyIth An Estimated Annual Revenue Projection Of Rs 3500 Crore For The Company Is Planning To Set Up Its Manufacturing Facility In Dalpur Village Of Sabarkantha District Gujarat India This Story Provided By Pnn Ani Will Not Be Responsible Any Way Content Article