India's Mangalam Global gains as new facility begins ops

Mangalam Global Enterprise

07/01/2025 07:00

** Shares of Mangalam Global Enterprise  MANP.NS  rise 7.4%
to 29.5 rupees, their biggest one-day gain since Dec. 17
    ** Edible oil maker starts production at new Gujarat
facility
    ** Expects 4 billion rupees ($46.67 million) per annum
additional revenue from increased capacity
    ** Stock rose 74% in 2024


($1 = 85.7100 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))