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Bikaji Foods jumps 7% after buying 49% stake in Bhujialalji

Bikaji Foods International acquired a 49% stake in the upcoming firm, Bhujialalj, which deals with ethnic snacks. Bikajis shares rose up to 7% intraday while the company traded at Rs. 445, up over 4% from previous closing. Economic growth, changing lifestyle, and growing income have driven significant growth in the Indian snacks industry. ....

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Bikaji Foods shares climb 5% on strong Q2 results. Full details

Bikaji Foods in a filing to BSE said its revenue for the quarter jumped 32 per cent to Rs 577 crore compared with Rs 437.68 crore in the corresponding quarter last year. PAR margin for the quarter came in at 7.1 per cent against 6.5 per cent in the year-ago quarter ....

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