Amul will never get listed or bring it’s IPO
The dairy business is not an easy space to be in. Even the best dairy industry player like Amul took decades to reach where it is today. It is a business where challenges are present all year around. But if you scale the business, these challenges tend to come down. And then comes an inflection […]
BRS sees conspiracy against State-owned Vijaya Dairy to benefit Heritage
Alleging a major conspiracy to divert dairy farmers from the State-owned Vijaya Dairy to Heritage, which is planning to invest Rs.204 crore in Telangana, BRS leader and former Agriculture Minister S. Niranjan Reddy feared that it might spell doom for the dairy industry in the State. Addressing a news conference at Telangana Bhavan on Saturday, Reddy, along with […]
Dodla , Heritage , Parag : Why is Investec bullish on dairy sector?
The Indian dairy sector, which has experienced several obstacles in the last three years, such as demand disruptions due to the COVID-19 pandemic and milk shortages that led to a sharp increase in prices, is finally moving past the tough stretch and offers an opportunity for investors to tap into the rising discretionary consumption in […]
The Access to Nutrition Initiative to Unveil 3rd India Nutrition Index
The Access to Nutrition Initiative (ATNI), a global independent not-for-profit supporting market transformation for improved access to nutrition, is launching the 3rd edition of the Access to Nutrition India Index. The Index will unveil the contribution to nutrition by the 20 biggest food and beverage manufacturers in India. The launch is scheduled on 22nd November […]
Flush season ahead for these three dairy stocks say analysts
Source: IANS Dairy demand is seeing an uptick as procurement prices are coming down, leading to margin expansion, say analysts. As spending power increases, demand for other value added products like ice creams, paneer, cheese and whey are growing. Arihant Capital says that there is huge upside in stocks like Parag Milk Foods, Dodla Dairy […]
Amul caught in a fresh row over new AP dairy project
Co-operative giant Amul is trapped in a fresh controversy. This time trouble is brewing around its new dairy project in Andhra Pradesh. The dairy major, owned by Gujarat Milk Marketing Federation, is investing ₹385 crore to revive the Chittoor Co-operative Dairy. While it is geographically a strategic investment for Amul as it is close to […]
Four private dairies increase milk price by Rs 2-Rs 4 a litre
Citing increasing input costs, four private dairies selling milk under brand names Thirumala, Jersey, Vallabha and Heritage have increased their prices by Rs 2 to Rs 4 per litre. The hike came into effect between Wednesday and Friday. As per the new price, the cost of per litre of full cream milk of private brands […]
Dairy stocks rally up to 7% in volatile market; here’s why
Shares of dairy companies such as Umang Dairies, Parag Milk Foods, Dodla Dairy, Heritage Foods, and Hatsun Agro surged up to 7% on Tuesday after Mother Dairy hiked milk prices. Mother Dairy, one of the major suppliers of milk in Delhi-NCR, has increased milk prices by ₹2 per litre, effective from today, citing a rise in […]
Is it time to sell dairy stocks?
Dairy companies continued to disappoint investors with dismal profits in the recently concluded quarter as high input costs eroded the sector’s margins. Find out the likely trajectory for the sector The opening up of the economy had helped dairy companies log strong revenue growth in the April-June quarter. But the long-standing pressure on their profitability […]
Heritage Foods launches probiotic curd with immunity benefits
Will initially be available in Hyderabad, later in the rest of the country Heritage Foods has launched a probiotic curd containing the Bifidobacterium strain which boosts the immune system by improving overall gut health. The probiotic curd is rich in good bacteria and offers nutritional benefits to improve gut health. Healthy gut leads to high […]