Parag Milk bets big on sports nutrition, to expand pride of cows
One the leading private dairy companies Parag Milk Foods plans to focus more on the sports nutrition segment and health besides expanding the reach of its “Pride of Cows” single source liquid milk. Akshali Shah, Executive Director, Parag Milk Foods, said, “There is a huge gap in meeting the demand for whey protein and we […]
Parag Milk Foods: Empowering Young Professionals
Parag Milk Foods, one of India’s leading private-sector dairy companies is undergoing swift transformations in order to secure the most qualified personnel to open up more development opportunities and to bring out the latent potential of youthful individuals. It has taken a bold step to promote young talent in the organization and believes in creating a diligent and […]
DAIRY NEWS Top dairy industry stock picks as per ICICI securities report
ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in June’22, wholesale milk prices jumped 5.8 per cent year on year in India. ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in […]
India, say cheese: Mozzarella cheese leads the product diversity in dairy
(Mozzarella cheese is not a local product, nor widely consumed in India outside our metros, or even widely produced in India. Essentially a milk-paneer-butter country, our per capita annual consumption of cheese is less than 200gm, compared to a global average of 7kg per annum. So, it puzzled observers when the Union cabinet rolled out […]
Parag Milk Foods unveils Go Milkshake eyeing about 15% of market share
Parag Milk Foods, the makers of India’s favourite dairy products like Gowardhan, Go, Pride of Cows and Avvatar, unveiled the expansion of their product portfolio with the launch of a range of milkshakes – Go Milkshake. It is made from 100% cow’s milk and is available in 180 ml Tetra Packs in strawberry, vanilla, chocolate and […]
Pride of Cows is expected to reach Rs 400 crore revenue by 2027-28
Parag Milk Foods, dairy FMCG company with brands like Gowardhan, on Tuesday said its premium milk brand ‘Pride of Cows’ is expected to reach Rs 400 crore annual revenue by 2027-28, following growing popularity for cows milk and value-added products including the newly launched fat-free milk. The company plans to expand its Bhagyalakshmi Dairy Farm, […]
Ananda,Amul & DMS sell best quality Paneer : 9th May Dairynews7x7
This channel covers dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will air on every Sunday. The channel will have expert interviews, market and technical analysis and a lot more sections very soon https://youtu.be/ihS8jK_DmqU Seven news in this edition are as follows : Ananda, Amul and […]
IFC to acquire 6.41% stake in Parag Milk Foods; Stock zooming up
Parag Milk Foods has executed a Subscription and Policy Right Agreement with International Finance Corporation (IFC). Under the agreement, Parag Milk will issue and allot 6756,756 fully paid Equity Shares to IFC. The subscription price would be Rs111 per equity share. Also read : IFC to fund Parag’s milk working cap and expansion plans With that, […]
Parag Milk Food aims to raise Rs 300 crore via preferential allotment
Shares of Parag Milk Foods are trading higher after the announcement of its fundraising plans. The company aims to raise over Rs 300 crore via preferential allotment. CNBC-TV18 spoke with Devendra Shah, Chairman of the company to discuss this. Shah said with this amount, the company is replacing short-term working capital with long-term. Also read […]
Dodla dairy files papers for an IPO with SEBI to raise Rs 800 Crores
Dodla Dairy compares itself with listed companies namely Hatsun Agro Products, Heritage Foods and Parag Milk Foods. South-based dairy company Dodla Dairy has filed draft red herring prospectus with the capital market regulator Sebi, for its initial public offering. A source close to the developments said the issue size could be around Rs 800 crore. […]