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11-06-2024 03:25 PM | Source: Accord Fintech
Gopal Snacks jumps on launching new product `Korean BBQ` in wafers category

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Gopal Snacks is currently trading at Rs. 329.05, up by 7.70 points or 2.40% from its previous closing of Rs. 321.35 on the BSE.

The scrip opened at Rs. 325.95 and has touched a high and low of Rs. 331.10 and Rs. 321.35 respectively. So far 59059 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 392.70 on 15-Mar-2024 and a 52 week low of Rs. 300.95 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 341.80 and Rs. 303.00 respectively. The current market cap of the company is Rs. 4111.32 crore.

The promoters holding in the company stood at 81.49%, while Institutions and Non-Institutions held 9.88% and 8.63% respectively.

Gopal Snacks has launched a new product, ‘Korean BBQ’ within its wafers category under the brand name ‘Cristos’. The Korean BBQ Wafer is designed to offer a unique snacking experience, blending the bold, smoky flavors inspired by traditional Korean barbeque with the satisfying crunch of a wafer. This product is aimed at young consumers who seek new and exciting flavors in their snacks, reflecting their desire for variety and novelty. It is packaged in eye-catching and convenient packaging, designed for easy on-the-go consumption. 

The Korean BBQ Wafer is available nationwide in major retail outlets and online platforms. The company has planned an extensive marketing campaign to support the product launch, particularly targeting the youth demographic.

Gopal Snacks is an FMCG company that deals in ethnic and Western snacks, and other products in India and internationally.