08 Nov, EOD - Indian

SENSEX 79486.32 (-0.07)

Nifty 50 24148.2 (-0.21)

Nifty Bank 51561.2 (-0.68)

Nifty IT 42050.15 (0.71)

Nifty Midcap 100 56352 (-1.33)

Nifty Next 50 69774.2 (-1.23)

Nifty Pharma 22542.25 (0.07)

Nifty Smallcap 100 18445.6 (-1.70)

08 Nov, EOD - Global

NIKKEI 225 39500.37 (0.30)

HANG SENG 20728.19 (-1.07)

S&P 5996.58 (0.31)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(01 Jul 2024, 10:18)

Manorama Inds edges higher after new fractionation plant commences operations

Manorama Industries added 2.41% to Rs 648.10 after the company announced the commencement of commercial production from its new fractionation plant which has a capacity of 25,000-tonnes per annum (TPA).


With this new addition, the company’s total fractionation input capacity now stands at 40,000 TPA.

The added fractionation capacity strengthens the company’s global proposition in manufacturing of cocoa butter equivalent (CBE), exotic speciality fats & butters. It would enable the company to significantly enhance its top line and profitability for the coming years.

Ashish Saraf, President of Manorama Industries, expressed his satisfaction with the successful launch of the new facility. He stated, “We are delighted to announce the start of commercial operations at our new fractionation plant, which has an annual production capacity of 25,000 tonnes.

With this capacity enhancement, our revenues may significantly all things going good may increase to approximately Rs 675 – Rs 700 crore for FY25.”

Manorama Industries (MIL) is a global pioneer in manufacturing speciality fats & butters and exotic products. The Company has carved a niche in manufacturing Sal CBE & Stearin, Shea CBE & Stearin, Mango CBE & Stearin and other exotic fats & butter. MIL offers customized solutions to Fortune 500 companies in chocolate, confectionery and cosmetic industry


More News
More Company News View Company Information