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Milkfood Ltd.

BSE: 507621 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE588G01013
BSE LIVE 15:45 | 17 Nov 211.30 2.95
(1.42%)
OPEN

225.00

HIGH

225.00

LOW

210.50

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 225.00
PREVIOUS CLOSE 208.35
VOLUME 560
52-Week high 277.60
52-Week low 186.30
P/E 13.30
Mkt Cap.(Rs cr) 103
Buy Price 0.00
Buy Qty 0.00
Sell Price 211.30
Sell Qty 25.00
OPEN 225.00
CLOSE 208.35
VOLUME 560
52-Week high 277.60
52-Week low 186.30
P/E 13.30
Mkt Cap.(Rs cr) 103
Buy Price 0.00
Buy Qty 0.00
Sell Price 211.30
Sell Qty 25.00

Milkfood Ltd. (MILKFOOD) - Company History

Milkfood is a Punjab-based company, controlled by the Jaiswal family through L P Investments, a subsidiary of Jagatjit Industries, commenced commercial production in 1973. The company manufactures and markets milk and milk products. The main products are milk powder, ghee, baby food, ice-creams and yoghurt. The company came out with a convertible debenture offer in Feb.'91 to part-finance normal capital expenditure, to repay loans and for long-term working capital. Brooke Bond Lipton India has acquired the marketing and distribution rights of the Milkfood range of ice-creams. Milkfood has over 2000 vending outlets predominantly in Delhi and Punjab. During the year 1999-2000, an amount of Rs.328.21 lacs was paid towards final instalment of redemption of debentures. The company is planning to upgrade its technology,modnerise its plants/training and motivation of employees,improve the capacity utilisation for the year 2001-02.