FMCG Company with its business in the snacks segment from namkeen to cakes is in focus after a Bulk deal took place today with shares worth 70 Crores exchanging hands.
Stock Price Movement
With a market capitalization of Rs. 2,576 Crore, the stock of Prataap Snacks opened at Rs.1100 up 0.39 percent from yesterday’s close, and after opening it made a high of 1110.90 up 0.59 percent. Additionally, the 1 month’s return for the stock is 1 percent, and the past five year’s return is 42 percent.
Bulk deal
In the Bulk deal, the Quantity bought by Bharat Value Fund was 6,11,118 at an average price of 1,147.48, and Malabar India Fund Limited sold 1,58,760 at an average price of 1,150.01. The total value of shares bought by Bharat Value Fund was Rs. 70.12 Crores.
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Financial Highlights
The company reported an 8.7 percent YoY increase in revenue from operations from Rs. 406.24 Crore in Q3FY24 to Rs. 442.68 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 0.89 percent in revenue from operations from Rs. 438.74 Crore in the previous quarter.
Their Net profit saw a turnaround from profit to loss on a YoY basis from Rs. 10.79 Crore to Rs. -37.92 Crore for the same period. On a QoQ, basis their net profits too saw a similar turnaround from a profit of Rs. 6.15 Cr.
The Operating Profit Margin for Q3FY25 stood at -8.34 percent compared to 9.12 percent for Q3FY24, and the Net Profit Margin stood at -8.53 percent from 2.64 percent for the same period.
About the Company
Prataap Snacks Limited, established in 2003 and headquartered in Indore, is a leading player in India’s fast-moving consumer goods (FMCG) sector, primarily known for its Yellow Diamond brand. The company offers a diverse range of snack products, including potato chips, extruded snacks, namkeen, and sweets, catering to the varied tastes of Indian consumers.
Written By Abhishek Das
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FMCG Company with its business in the snacks segment from namkeen to cakes is in focus after a Bulk deal took place today with shares worth 70 Crores exchanging hands. Stock Price Movement With a market capitalization of Rs. 2,576 Crore, the stock of Prataap Snacks opened at Rs.1100 up 0.39 percent from yesterday’s close,
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