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Mahaan Foods Ltd.

BSE: 519612 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE734D01010
BSE LIVE 14:47 | 15 Dec 16.00 0.65
(4.23%)
OPEN

16.10

HIGH

16.10

LOW

14.60

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 16.10
PREVIOUS CLOSE 15.35
VOLUME 3539
52-Week high 22.40
52-Week low 10.52
P/E 11.94
Mkt Cap.(Rs cr) 6
Buy Price 16.00
Buy Qty 131.00
Sell Price 0.00
Sell Qty 0.00
OPEN 16.10
CLOSE 15.35
VOLUME 3539
52-Week high 22.40
52-Week low 10.52
P/E 11.94
Mkt Cap.(Rs cr) 6
Buy Price 16.00
Buy Qty 131.00
Sell Price 0.00
Sell Qty 0.00

Mahaan Foods Ltd. (MAHAANFOODS) - Company History

Incorporated as a private limited company in Mar.'87 under the name Himachal Milk Products, and later converted into a public limited in Jun.'94 and renamed Mahaan foods Limited. It was promoted by Amar Nath Goyal, Sanjeev Goyal and Rajiv Goyal. The group companies promoted by the MFL are Himachal Milk specialities Private Limited and Lacto Protien India limited. MFL manufactures dairy whitener, skimmed and instantised milk powders and other milk products, at Paonta Sahib, Himachal Pradesh. It is also setting up its own plastic continuous blow moulding division to make 10 to 30 liters capacity HDPE poly jars for 100% captive use. The company has signed MoUs to export its expertise to Dubai, Singapore and other Asian countries. It entered into a technical tie-up with Ratocom Industries, Netherlands, and Seppo Ralli, Finland, for the modernisation and expansion of its Paonta Sahib plant, It has also tie-up with Central Food Technological Research Institute, Mysore for manufacturing of mango powder. The company had ventured into a new project Mahaan Protein Ltd to manufacture the non-conventional high value added products like Casein, Lactose, Whey Protein etc, which commercial production is started and also the export of the same. During the year 1999-2000, the turnover of the company reached a new height and recorded Rs.64.29 crores as compared to Rs.56.80 crores in the previous year. The company has recorded a turnover of Rs.66.55 crores during 2000-01 which is up by 31% over the previous year.