Mayank Cattle Food jumps on adding two oil expeller machines at Manavadar facility
Mayank Cattle Food is currently trading at Rs. 200.00, up by 2.20 points or 1.11% from its previous closing of Rs. 197.80 on the BSE.
The scrip opened at Rs. 198.00 and has touched a high and low of Rs. 204.75 and Rs. 198.00 respectively. So far 15600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 241.50 on 10-Oct-2024 and a 52 week low of Rs. 112.80 on 12-Mar-2024.
Last one week high and low of the scrip stood at Rs. 204.75 and Rs. 189.65 respectively. The current market cap of the company is Rs. 108.00 crore.
The promoters holding in the company stood at 65.00%, while Non-Institutions held 35.00% stake in the company.
Mayank Cattle Food has purchased two additional oil expeller machines at its manufacturing facility located at Manavadar, Junagadh. It will successfully install within 3 to 4 months.
This strategic enhancement is expected to result in an increase in the production capacity by around 40%, thereby strengthening its ability to meet the growing market demand and improve operational efficiencies.
Mayank Cattle Food stands as the foremost oil company, offering an extensive selection of products, including Edible Oil, Extracting Corn Oil, Cattle Food, Animal Food, and Cattle Food Cake.
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