SKM Egg Products Export India gains after supply order win

Skm Egg Products Export India

10/12/2024 09:04

** Shares of SKM Egg Products Export (India)  SKME.NS  rise
~3% to 269 rupees
    ** Company wins order to supply eggs to Tamil Nadu state for
1 year; tendered quantity of eggs is 286.2 million
    ** Company uses 1.8 million eggs per day to produce
egg-related finished products such as egg powder and liquid egg
    ** The egg and egg products seller did not disclose any
financial details of the order
    ** SKME did not immediately respond to a Reuters request for
additional details
    ** Trading volumes 557,248 vs 30-day avg of 132,398 shares
    ** Day's gains trim YTD losses to 31%

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com))