Namkeen Manufacturer Bags Order From Haldiram Foods International Private Limited
The shares of the company saw a spurt in volume by more than 1.4 times on BSE.
Jay Kailash Namkeen Limited informed that the company has received an order from Haldiram Foods International Private Limited. The company will start now and onwards supply of Namkeen to Haldiram Foods International Private Limited.
Established in 2021, Jay Kailash Namkeen Ltd (JKNL) has quickly made a name for itself in the Indian packaged snacks market. Initially focused on B2B manufacturing, JKNL supplied its products to various states across India. Recognizing the potential of the B2C market, the company launched its brand, Jai Kailash Namkeen, in FY22. With a wide range of products, including Chana Jor Namkeen, Masala Chana Jor, Pudina Chana, and more, JKNL has captured the attention of consumers with its quality and taste.
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JKNL's commitment to quality is evident in its ISO 9001:2015, ISO 22000:2018, and FSSAI certifications. The company's production facility in Rajkot, Gujarat, boasts a daily production capacity of 10 tons, ensuring a steady supply of products to meet growing demand. As JKNL continues to expand its operations and invest in new facilities, it is well-positioned to become a major player in the Indian Namkeen industry.
On Wednesday, shares of Jay Kailash Namkeen Limited plunged by 1.05 per cent to Rs 76.50 per share from its previous closing of Rs 77.31 with an intraday high of Rs 80.49 and an intraday low of Rs 73.20. The shares of the company saw a spurt in volume by more than 1.4 times on BSE. The company has a market cap of Rs 38.23 crore and stock is up by 53.4 per cent from its 52-week low of Rs 49.86 per share. Investors should keep an eye on this penny stock.
Disclaimer: The article is for informational purposes only and not investment advice.