Crime & Justice / Bloomberg Quint
The latest grey market premium for Swasth Foodtech IPO stood at Rs 10 on Feb. 21. indicating a premium of 10.64%.
The court dismissed petitions filed by major service providers, including ACT, Tata Play, and Den Networks.
The subscription window for the Swasth Foodtech IPO will remain open from Feb. 20 to Feb. 24.
Himatsingka said that analogue paneer sells for Rs 210 per kg in India, which is less than half the price of real paneer at Rs 450.
While growth is better than peers, the stock is now trading at fair valuations of ~37x FY26E Pre-Ind AS Ebitda, says Nirmal Bang.
With retail inflation easing to 4.31% in January, economists believe the RBI MPC has room to implement further rate cuts to support economic growth.
India's Consumer Price Index-based inflation dropped to 4.31% in January from 5.22% in December, with food and beverage inflation easing to 5.68%.
The Domino's operator posted a consolidated revenue of Rs 2,151 crore in the October-December quarter.
The brokerage maintains Buy rating; as it rolls forward valuation to Dec-2026 and value the stock at P/E of 36x, at ~20% discount to FMCG sector peer average, to arrive at a revised TP of Rs 2,115
The revenue rose 11.6% to Rs 9,103 crore in the OctoberDecember quarter versus Rs 8,154 crore in the previous quarter.
Given recent fall in the stock price, the brokerage upgrades rating to Buy with revised target price of Rs 811 valuing at 55 times FY27E.
Shares of Jubilant FoodWorks have dropped 5% over the past five trading sessions on the NSE.
The prohibition will be enforced on the 12 kilometre track from Katra to the holy cave on the Trikuta hill and adjoining areas, officials said.
Take a stroll through the aisles of any supermarket, and you will see plenty of other items, including bread, cereal bars and yogurt, all trumpeting their protein power.
Here are all the top 'buy' calls from analysts you need to know about on Friday.
Bikaji Foods share price fell as much as 12.97% to Rs 638.5 apiece as soon as the market opened.
With the acquisition, ITC is set to become the first full-stack frozen foods brand.
The margin narrowed to 7.8% versus 12% in the year-ago period.
Finance Minister Nirmala Sitharaman during her Budget speech on Feb. 1 announced that individuals earning up to Rs 12 lakh a year will not have to pay any income tax.
New Delhi, Feb 5 (PTI) The income tax department will share data with the Food Ministry to weed out ineligible beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).
Currently, India ranks as the second largest in fish production and aquaculture.
The survey released on Friday suggested a multi-pronged approach to address concerns over rising UPF consumption in India.
FSSAI could consider regulating ultra-processed foods, with clear definitions and standards, including stricter labeling requirements, it said.
India has managed to bring retail inflation down to a four-year low of 5.4% in FY24 but new economic headwinds persist.
Titan's steady growth strategy, which focuses on capturing a larger share of the gold and jewellery market, stands out as a key differentiator, the brokerage said.
Westlife Foodworld's structural levers remain intact says the brokerage.
Shares of LT Foods were trading 7.85% lower at Rs 368 apiece, compared to 1.1% decline at the benchmark NSE Nifty 50 at 2:28 p.m.
Adani Wilmar, HG Infra Engineering and VST Industries will be some of the other stocks to watch.
The share price rose as much as 4.49% to Rs 461.70 apiece, the highest level since Jan. 2.
There's large opportunity and food delivery profitability to support expansion in quick commerce, Incred said.
State governments and state-run corporations can purchase up to 12 lakh tonnes, while ethanol distilleries are allowed to buy up to 24 lakh tonnes at a reduced rate.
While comparing the selling price of some commonly purchased items, CLSA found Zepto Super Saver platform offered a discount of 11.6%, trailing behind DMart Ready's 14.9%.
Red No. 3 will no longer be allowed in US food or ingested drugs starting Jan. 15, 2027, according to a Food and Drug Administration document posted online.
Compared with a year earlier, the overall PPI climbed 3.3% and core measure advanced 3.5%, both the highest since February 2023.
Expected moderation in inflation in coming months, will allow the MPC to consider a policy rate cut amid slowing growth, adds CareEdge.
The aim is to create a 'meaningful impact' by redistributing surplus food from Swiggy's restaurant partners to the underserved communities.
Food delivery apps fight it out as the lines between traditional deliveries and quick commerce blur.
The brokerage expects consumer demand to pick up 'gradually' in the first half and 'materially' in the second of the calendar year.
Paswan also said India can play a major role as agri producer and exporter, while stressing on the need to expand Indian cuisine globally.
Nuvama expects weak consumer sentiments to persist, but the ongoing wedding season could offer some relief.
Zomato, Swiggy, and Zepto are pushing the limits of 10-15 minute food delivery services, with each company innovating in an increasingly competitive market to meet rising consumer demand for speed.
The quick food delivery will take on rival offerings from Swiggy, Magicpin and Zepto.
Indian Sugar and Bio-Energy Manufacturers Association and National Federation of Cooperative Sugar Factories are pushing for an increase in the MSP to Rs 39.14 per kg or even Rs 42 per kg.
On a like-for-like basis, Domino's India growth was at 12.5% and the same for Turkey was down 3.2%, Jubilant FoodWorks Ltd said in a regulatory filing.
Jubilant FoodWorks' consolidated revenue from operations for Q3 FY25 stood at Rs 2,153 crore, marking a 56.2% year-on-year growth.
Jubilant FoodWorks is strategically enhancing its market presence, operational efficiency through youth-focused marketing campaigns, innovative offerings, and portfolio diversification: Motilal Oswal
Here are all the top 'buy' calls from analysts you need to know about on Thursday.
The brokerage expects Jubilant FoodWorks to report strong operational numbers in FY25 within its QSR coverage pack, as SSSG recovery, cost optimisation measures could aid margin recovery.
With this acquisition, Krispy Kreme will be the first international brand to join Curefoods' portfolio.
Thirteen out of the 31 analysts tracking the company have a 'buy' rating on the stock, according to Bloomberg data.