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Milkfood Ltd.

BSE: 507621 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE588G01013
BSE 00:00 | 04 Oct 404.70 28.65
(7.62%)
OPEN

390.85

HIGH

407.95

LOW

380.00

NSE 05:30 | 01 Jan Milkfood Ltd
OPEN 390.85
PREVIOUS CLOSE 376.05
VOLUME 1362
52-Week high 450.95
52-Week low 286.00
P/E 60.13
Mkt Cap.(Rs cr) 198
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 390.85
CLOSE 376.05
VOLUME 1362
52-Week high 450.95
52-Week low 286.00
P/E 60.13
Mkt Cap.(Rs cr) 198
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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 technologymodnerise its plants/training and motivation of employeesimprove the capacity utilisation for the year 2001-02.

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