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Stock under ₹50 jumps 6% after receiving order from Avanti Feeds and others

Prominent protein and feed solutions provider received ₹44.28 crore in purchase orders from Avanti Feeds, Mukka Proteins Vietnam, and Padma Feed & Chicks, boosting its total order book to ₹200 crore.
Stock Under ₹50 Surges 6% After Securing Orders from Avanti Feeds and Other Clients
Stock Under ₹50 Surges 6% After Securing Orders from Avanti Feeds and Other Clients

Introduction:

Leading protein and feed solutions provider has secured purchase orders worth ₹44.28 crore from Avanti Feeds, Mukka Proteins Vietnam, and Padma Feed & Chicks for fish meal and oil supply, strengthening its order book to approximately ₹200 crore.

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Share price movement of Mukka Proteins:

On March 6, 2025, Mukka Proteins Ltd opened at ₹33.71, up 1.87% from its previous close of ₹33.09. The stock reached a high of ₹35.80 (6.01%) and a low of ₹33.71. By 11:07 AM, it traded at ₹35.08, with a market cap of ₹1,052.40 crore.

Mukka Proteins Secures ₹44.28 Crore Orders:

Mukka Proteins Limited has secured purchase orders worth approximately ₹44.28 crore from Avanti Feeds Limited, Mukka Proteins Vietnam Co., Ltd, and Padma Feed & Chicks Ltd. These orders involve the supply of fish meal and oil for immediate execution.

With this latest development, Mukka Proteins total order book now stands at around ₹200 crore. The company received ₹31.77 crore worth of domestic orders from Avanti Feeds, while the international orders from Vietnam and Bangladesh amount to approximately ₹10.61 crore.

These significant orders reinforce Mukka Proteins strong market presence in the fish meal and oil sector. The company continues to expand its domestic and international footprint, strengthening relationships with key industry players and driving growth in the aquafeed supply chain.

Recent news on Mukka Proteins:

As of February 04, 2025, Mukka Proteins Ltd reported net sales of ₹303.15 crore in Q3 FY24, down 41.36% YoY. However, net profit surged 150.73% to ₹26.26 crore, with EBITDA rising 88.19% to ₹47.16 crore.

Stock performance of Mukka Proteins for Period of 1 week, 1 month and 6 months:

Mukka Proteins Ltd has witnessed a decline in its stock performance, with a 5.03% drop over the past week, a 12.6% decline over one month, and a significant 27.4% decrease over the last six months.

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Shareholding pattern of Mukka Proteins:

ParticularsDec 2024Sep 2024Jun 2024
Promoter73.30%73.30%73.30%
FII2.60%2.80%5.10%
DII2.00%2.00%2.50%
Public22.10%21.80%19.10%
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About Mukka Proteins:

Mukka Proteins Ltd (NSE: MUKKA) is a leading manufacturer and exporter of fish meal, fish oil, and fish protein products. Incorporated in 2003, the company supplies essential ingredients for aqua feed, poultry feed, pet food, pharmaceuticals, and other industries.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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