{"id":147601,"date":"2025-04-21T14:55:59","date_gmt":"2025-04-21T09:25:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=147601"},"modified":"2025-04-21T15:02:44","modified_gmt":"2025-04-21T09:32:44","slug":"fmcg-stock-jumps-9-after-signing-mou-with-u-s-food-processors-cooperative-for-frozen-food-products","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/fmcg-stock-jumps-9-after-signing-mou-with-u-s-food-processors-cooperative-for-frozen-food-products\/","title":{"rendered":"FMCG stock jumps 9% after signing MoU with U.S. Food Processors Cooperative for frozen food products"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1238671524\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of an FMCG company, specializing in civil construction and related services, including general contracting and project management, for various sectors like industrial, commercial, and residential projects,&nbsp; jumped upto 9 percent upon signing a five-year MoU with the Food Processor Cooperative USA.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2886046774\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of Rs. 90.46 Crores on Monday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/526899\" target=\"_blank\" rel=\"noreferrer noopener\">Himalaya Food International Limited<\/a><\/strong> jumped upto 8.9 percent, making a high of Rs. 16.16 compared to its previous closing price of Rs. 14.84.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Himalaya Food International Limited has signed a five-year Memorandum of Understanding (MoU) with the Food Processors Cooperative USA. The agreement involves the production of a breakfast range of frozen food products for the U.S. food service market. This partnership aims to revive the company\u2019s U.S. business, which was impacted by a fire in May 2022.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Himalaya Food International Limited, formerly known as Himalaya International Ltd., is a leading food processing company specializing in the production of frozen food products. The company offers a range of frozen foods, including snacks, vegetables, and ready-to-eat meals, catering primarily to the domestic and international markets.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1816409996\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Product Profile<\/strong><\/h2><p>The company cultivates mushrooms and baby potatoes and manufactures food items, including indigenously processed Italian cheese, paneer, yogurt, sweets, snacks, and breaded appetizers (eggplant, cheese, mushrooms). These products are sold under the Himalya Fresh brand.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Key Insights&nbsp;<\/strong><\/h2><p>Himalaya Food International Limited has a P\/E ratio of 17.67, which is significantly lower than the industry average of 54.94. The company is debt-free, showcasing its strong financial position and efficient management.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s revenue rose by 2.75 percent, from Rs. 10.53 crore to Rs. 10.82 crore in Q3FY24-25. Meanwhile, the net profit rose from Rs. 0.55 crore to Rs. 0.88 crore during the same period.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J&nbsp;<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-1757343254\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of an FMCG company, specializing in civil construction and related services, including general contracting and project management, for various sectors like industrial, commercial, and residential projects,&nbsp; jumped upto 9 percent upon signing a five-year MoU with the Food Processor Cooperative USA. Price action With a market capitalization of Rs. 90.46 Crores on Monday, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":105392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[3629,28084,23190,23189,28085,948,936,2597],"class_list":["post-147601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-fmcg-stock","tag-himalaya-food-international","tag-himalaya-food-international-latest-price","tag-himalaya-food-international-news","tag-himalaya-food-international-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FMCG stock jumps 9% after signing MoU with U.S. Food Processors Cooperative for frozen food products - 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