Mukka Protein up 9% on ₹44 cr order from domestic & global clients
In a significant development that has sent waves of optimism across the market, Mukka Proteins Ltd, a microcap company, has secured a massive order worth ₹44.28 crore for fish meal supply from several prominent clients. The orders, received from Avanti Feeds Ltd, Mukka Proteins Vietnam Co. Ltd, and Padma Feed & Chicks Ltd, have led to a 9% surge in the company’s shares, reinforcing investor confidence and strengthening its growth outlook in the domestic and international markets.
The impressive order book, which is a testament to Mukka Proteins’ growing reputation as a reliable supplier of fish meal, is expected to have a substantial impact on the company’s financial performance in the days to come. With the order valued at a staggering ₹44.28 crore, it is clear that Mukka Proteins has cemented its position as a leading player in the fish meal industry.
Fish meal, a critical ingredient in the production of animal feed, is in high demand globally, and Mukka Proteins has successfully leveraged its expertise and capabilities to capitalize on this trend. The company’s ability to secure such a significant order from prominent clients in the domestic and international markets is a testament to its commitment to quality and customer satisfaction.
The orders received by Mukka Proteins are spread across multiple geographies, with Avanti Feeds Ltd, a leading player in the poultry industry, placing an order worth ₹11.42 crore. Mukka Proteins Vietnam Co. Ltd, the company’s international arm, has also placed an order worth ₹14.14 crore, while Padma Feed & Chicks Ltd, a leading player in the poultry and aqua feed industry, has placed an order worth ₹18.72 crore.
The orders are expected to be executed over the next few quarters, and the company has already begun ramping up production to meet the demand. With the order book full, Mukka Proteins is poised for a strong growth trajectory, and investors are likely to benefit from this development.
The surge in Mukka Proteins’ shares is a clear indication of investor confidence in the company’s ability to deliver on its promises. The stock has been trading on the BSE and NSE, and the 9% surge in share price is a testament to the company’s growing reputation as a reliable supplier of fish meal.
In recent times, Mukka Proteins has been focused on expanding its operations and increasing its production capacity to meet the growing demand for fish meal. The company has been successful in leveraging its expertise and capabilities to establish itself as a leading player in the fish meal industry, and the recent order book is a testament to its commitment to quality and customer satisfaction.
The growth outlook for Mukka Proteins is looking increasingly promising, and investors are likely to benefit from this development. With the company’s order book full and its production capacity ramped up, Mukka Proteins is poised for a strong growth trajectory, and investors are likely to reap the rewards of their investment.
In conclusion, Mukka Proteins’ recent order book worth ₹44.28 crore is a significant development that has sent waves of optimism across the market. The company’s ability to secure such a massive order from prominent clients in the domestic and international markets is a testament to its commitment to quality and customer satisfaction. With the order book full and production capacity ramped up, Mukka Proteins is poised for a strong growth trajectory, and investors are likely to benefit from this development.
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