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Mishtann Foods Ltd.

BSE: 539594 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE094S01041
BSE 09:52 | 25 Feb 6.82 -0.13
(-1.87%)
OPEN

6.82

HIGH

6.82

LOW

6.82

NSE 05:30 | 01 Jan Mishtann Foods Ltd
OPEN 6.82
PREVIOUS CLOSE 6.95
VOLUME 290
52-Week high 72.45
52-Week low 6.82
P/E 27.28
Mkt Cap.(Rs cr) 341
Buy Price 6.95
Buy Qty 50.00
Sell Price 6.82
Sell Qty 10221746.00
OPEN 6.82
CLOSE 6.95
VOLUME 290
52-Week high 72.45
52-Week low 6.82
P/E 27.28
Mkt Cap.(Rs cr) 341
Buy Price 6.95
Buy Qty 50.00
Sell Price 6.82
Sell Qty 10221746.00

Mishtann Foods Ltd. (MISHTANNFOODS) - Company History

Incorporated in 1981, Hiks Cement (HCL) did not make any progress for the next 10 years, as it could not get any term loan. In 1991, it decided to set up a cement unit of 40 tpd which was delayed due to non-availability of power. It was expected to start in Oct.'95. HCL is setting up two plants in Gujarat with individual capacities of 200 tpd and 260 tpd. The Rs 10.82-cr project was mainly funded by a public issue in Sep.'95. One advantage for HCL is its own leasehold mine at Rajkot. So, limestone is easily available and the proximity of the mine and the plant will reduce transportation cost. The new facilities are expected to start commercial production by Feb.'96. HCL plans to export 25% of its output.