Parag Milk surges on planning to invest Rs 100 crore to expand paneer manufacturing capacity
Parag Milk Foods is currently trading at Rs. 278.85, up by 6.15 points or 2.26% from its previous closing of Rs. 272.70 on the BSE.
The scrip opened at Rs. 277.10 and has touched a high and low of Rs. 282.65 and Rs. 270.50 respectively. So far 467429 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 377.20 on 13-Nov-2025 and a 52 week low of Rs. 178.35 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 284.60 and Rs. 246.90 respectively. The current market cap of the company is Rs. 3481.76 crore.
The promoters holding in the company stood at 40.49%, while Institutions and Non-Institutions held 13.36% and 46.24% respectively.
Parag Milk Foods is planning to invest around Rs 100 crore to expand its paneer manufacturing capacity from existing 20 MT/day to 80 MT/day at Manchar (Maharashtra) and Palamaner (Andhra Pradesh). The expanded facilities will produce both regular and high protein paneer and are expected to be commissioned by June 2027.
Value added products contribute more than 90% of the company’s turnover and Paneer is one of its flagship categories which is growing by 28% over the last two years. The investment builds on Parag’s technology-led innovation in fresh paneer. Its branded paneer offers a shelf life of up to 75 days without preservatives, enabled by its advanced manufacturing and packaging technology.
Parag will use its manufacturing capabilities and pan-India distribution network to make paneer more widely available across General Trade, Modern Trade, Quick Commerce, Ecommerce and HoReCa. The combination of manufacturing scale and packaging innovation will support distribution of branded paneer over longer distances and across channels, while maintaining the freshness and quality consumers expect. The investment is part of Parag's strategy to build scale in high-growth value-added categories, strengthen its flagship brands and create differentiated products through innovation. It also responds to rising consumer preference for branded, packaged and standardised products.
