Bikaji Foods International gains on investing $1,50,000 in Bikaji USA

Bikaji Foods International is currently trading at Rs. 726.35, up by 4.50 points or 0.62% from its previous closing of Rs. 721.85 on the BSE.

Bikaji Foods

The scrip opened at Rs. 716.05 and has touched a high and low of Rs. 731.40 and Rs. 716.05 respectively. So far 2905 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1005.00 on 27-Sep-2024 and a 52 week low of Rs. 520.00 on 18-Feb-2025.

Last one week high and low of the scrip stood at Rs. 752.80 and Rs. 713.30 respectively. The current market cap of the company is Rs. 18205.56 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 20.01% and 5.07% respectively.

Bikaji Foods International has made an investment in its wholly owned subsidiary — Bikaji Foods International USA Corp (Bikaji USA). The company has made additional subscription of 15,000 common stock of $10 each of Bikaji USA, amounting to $1,50,000. The Bikaji USA belongs to Fast Moving Consumer Goods (FMCG) Industry.

The objective behind the investment is to accelerate business growth and enhance market presence. The company aims to further strengthen its distribution network in the USA, thereby ensuring wider reach and improved customer accessibility.

Bikaji Foods International is one of India’s largest fast-moving consumer goods (FMCG) brands.

Bikaji Foods International gains on investing $1,50,000 in Bikaji USA

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