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The Economic Times

What will be the impact of import duty rejig in edible oil on 3 FMCG categories? Abneesh Roy explains

Abneesh Roy, Executive Director at Nuvama Institutional, highlights the attractiveness of the food sector. He particularly favours Bikaji for its pure-play focus. He also mentions HUL and ITC among larger companies. With an edible oil duty hike, price increases are expected in H2, benefiting overall pricing growth despite some margin impacts.

Mint

Bikaji Foods, Gopal Snacks, Prataap Snacks shares jump up to 10% after GST cut on namkeen

Bikaji Foods share price gained as much as 7.76%, while Gopal Snacks share price jumped 10% and Prataap Snacks shares surged 8.05%.

CNBC TV18

Gopal Snacks, Bikaji Foods shares rally over 7% after GST Council cuts rates on Namkeen

It must be noted that the GST rate on namkeen or savoury items such as fruit & vegetable chips, bhuijas, snack foods etc. are already at 12%.

CNBC TV18

The Marketbuzz Podcast: Will Nifty follow a sell-on-rallies template?

Marketbuzz Podcast: Indian markets may see a sluggish start according to the GIFT Nifty. Watch out for stocks like Bikaji Foods, Pharma stocks and Adani Enterprises.

Business Line

Bikaji Foods completes 55% acquisition of Ariba Foods

This strategic investment aims to expand Bikaji’s frozen snacks and sweets business in India and globally

Mint

Bikaji says ‘not for sale’ amid investor interest in Indian snacks market

Bikaji Foods, majority-owned founder Shiv Ratan Agarwal, is not for sale and plans to grow through acquisitions, rejecting any buyout offers.

Business Standard

Bikaji says 'not for sale' amid investor interest in domestic snacks market

Bikaji is not for sale. Whatever price someone offers, there are certain things that are not for sale, Chief Operating Officer Manoj Verma said earlier this month

The Economic Times

Bikaji says 'not for sale' amid investor interest in Indian snacks market

Bikaji, which recently bought stakes in Bhujialalji and Ariba Foods, aims to make more acquisitions only if they could help expand distribution or boost its presence in the frozen-food market and are not looking to sell amid investor interest in the snack brand.

Business Standard

Bikaji Foods stock hovers near 52-week high after co. acquires Ariba Foods

Bikaji Foods announced the acquisition of a 55 per cent equity stake in Ariba Foods on Friday