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Mishtann Foods rises on incorporating wholly owned subsidiary in Singapore
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Mishtann Foods is currently trading at Rs. 16.21, up by 0.15 points or 0.93% from its previous closing of Rs. 16.06 on the BSE.
The scrip opened at Rs. 16.10 and has touched a high and low of Rs. 16.48 and Rs. 16.10 respectively. So far 3560990 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 17.99 on 12-Dec-2023 and a 52 week low of Rs. 7.09 on 24-May-2023.
Last one week high and low of the scrip stood at Rs. 17.48 and Rs. 15.00 respectively. The current market cap of the company is Rs. 1615.00 crore.
The promoters holding in the company stood at 49.82%, while Institutions and Non-Institutions held 2.28% and 47.90% respectively.
Mishtann Foods has incorporated a wholly owned subsidiary (WOS) Company named ‘Grow and More Nutrifoods Pte.’, in Singapore, The company has incorporated WOS on December 22, 2023. The business of WOS is in line with the main line of business of the Company.
Mishtann Foods is engaged in the business of growing agro-based products. Mishtann has relentlessly worked to support and encourage farmers to adopt the latest farming techniques.
