Jhandewalas Foods jumps on expanding geographical reach into newer territories

Jhandewalas Foods is currently trading at Rs. 18.25, up by 0.45 points or 2.53% from its previous closing of Rs. 17.80 on the BSE.

The scrip opened at Rs. 18.25 and has touched a high and low of Rs. 18.25 and Rs. 18.25 respectively. So far 2000 shares were traded on the counter.

The BSE group ‘M’ stock of face value Rs. 10 has touched a 52 week high of Rs. 69.85 on 17-May-2018 and a 52 week low of Rs. 17.80 on 09-May-2019.

Last one week high and low of the scrip stood at Rs. 20.25 and Rs. 17.80 respectively. The current market cap of the company is Rs. 18.26 crore.

The promoters holding in the company stood at 71.63%, while Non-Institutions held 28.37% stake.

Jhandewalas Foods has expanded its geographical reach into newer territories like Mumbai, Bangalore, Hyderabad and Jammu in order to fulfill the growing demand of products and to meet the everyday kitchen needs of Indian Housewives.

Last summer, the company has successfully introduced new products under the new brand name YUM-YOO. The positive response it got from consumers tells it one thing – good quality at reasonable price is liked by people of all regions therefore new Distributors has been appointed in said mentioned cities.

In addition to this, the company has also started supplying its products in Metro Cash and Carry India, Big Basket and Reliance Cash and Cary which is well accepted by retail consumers. Now, the company’s Products are available in various stores of Supermarket chain.

Jhandewalas Foods is Jaipur, Rajasthan based manufacturer of food products including Ghee and Mangodi. The company is also engaged in the marketing of Poha, Saffron and Dalia.

The post Jhandewalas Foods jumps on expanding geographical reach into newer territories appeared first on Udaipur News | Udaipur Latest News | udaipur local news.

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