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MILKYMIST — Milky Mist Dairy Food News Story

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India's Milky Mist Dairy Food jumps on opening new manufacturing plant

BUZZ-India's Milky Mist Dairy Food jumps on opening new manufacturing plant

** Shares of India's Milky Mist Dairy Food MILY.NS rise 5% to 292.77 rupees

** On Thursday, MILY said it commissioned new Skyr and Greek yogurt manufacturing plant at its Perundurai facility in Tamil Nadu

** New plant, built with investment of about 400 million rupees ($4.18 million), has processing capacity of up to 150 tonnes per day

** Company says annual demand for Skyr and Greek yogurt has grown more than 50% since 2022, while demand for high-protein yogurts has more than doubled in recent months

** Stock up 77.43% since listing on August 18



($1 = 95.6725 Indian rupees)


(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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