500% return in 5 years! Do you own this FMCG multibagger stock?

Produced by: Tanya Aneja
Designed by: Mohsin Shaikh

Shares of Mishtann Foods have delivered around 250% return in the last 2 years and around 500% return in the last 5 years     

Multibagger return:
Mishtaan Foods

Mishtann Foods Limited is a FMCG product company with primary focus on various types of Basmati rice. The company also has a sizeable presence in the wheat and pulses segment

About Mishtann Foods

Mishtann Foods Ltd offers a wide range of agricultural products, including rice, wheat, spices, and pulses

Mishtann Foods:
Product portfolio

Mishtann Foods Limited has announced that it is looking to introduce new products for domestic markets, like free flow iodized salt, crystal salt and rock salt, and has ventured into new markets like North Eastern India

Mishtann Foods:
What's the latest?

Mishtann Foods had announced that it had incorporated a wholly owned subsidiary companynamed “Grow and Grub Nutrients FZ – LLC” in the United Arab Emirates. This subsidiary aims to penetrate the markets of Africa in addition to its existing market

“Grow and Grub
Nutrients FZ – LLC”

Mishtann Foods informed that Nomura Singapore has increased its stake to 1.28 per cent (1,28,25,854 shares)

Nomura raises stake

Mishtann Foods' net profit came in at Rs 13.7 crore in December 2022, up 70% from Rs 8 crore in December 2021. The net sales stood at Rs 163.6 crore in December 2022 up 11% from Rs 147.6 crore in December 2021

Mishtann Foods:
Q3 performance

Shares of Mistann Foods ended 8.5% higher at Rs 7.71 on BSE on May 24, 2023. The market cap of the company rose to Rs 771 crore

Mishtann Foods share price

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