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Milk prices are falling because of adulteration in Maharashtra?

Milk prices are falling because of adulteration in Maharashtra? - Dairy News 7X7

Distantmers who have been affected by climate change are now facing plummeting prices of agricultural produce. In addition, the main milk business for the farmers is also betrayed and the price of milk directly dropped from 34 rupees per liter to 25 to 26 rupees per liter. While there is a shortage of water and fodder in […]

Flush season ahead for these three dairy stocks say analysts

Flush season ahead for these three dairy stocks say analysts - Dairy News 7X7

Source: IANS Dairy demand is seeing an uptick as procurement prices are coming down, leading to margin expansion, say analysts. As spending power increases, demand for other value added products like ice creams, paneer, cheese and whey are growing. Arihant Capital says that there is huge upside in stocks like Parag Milk Foods, Dodla Dairy […]

Dodla Dairy Q1: Net profit rises 40.32% to Rs 34.97 crore, revenue up 14.84%

Dodla Dairy Q1: Net profit rises 40.32% to Rs 34.97 crore, revenue up 14.84% - Dairy News 7X7

Dodla Dairy reported a consolidated net profit of Rs 34.97 crore for the quarter ended June, up 40.32 percent from Rs 24.92 crore in the year- ago period. On July 21, the company reported a 14.84 percent YoY (year-on-year) rise in consolidated revenue from operations at Rs 823.42 crore against Rs 716.99 crore a year ago. […]

Dairy stocks sizzle as temperatures soar. Time to milk gains?

Dairy stocks sizzle as temperatures soar. Time to milk gains? - Dairy News 7X7

Concerns over milk shortages amid soaring temperatures, when peak summer demand has just started to kick in, have given a fillip to dairy stocks over the last one month. Shares of Heritage Foods have rallied 23% while those of Parag Milk are up 10% in anticipation of further price hikes, which could boost the margins […]

Milk prices may continue to rise until Diwali says RS Sodhi

Milk prices may continue to rise until Diwali says RS Sodhi - Dairy News 7X7

On the day Amul hiked milk prices, RS Sodhi, the former managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF) which owns the Amul brand and president of the Indian Dairy Association, told CNBC-TV18 that he believes costs will continue to rise until Diwali this year. He said he expects milk production to start increasing again by winter. […]