Milk Predict

February 1, 2024

Livestock and dairying may get 20% hike in FY 25 budget

The animal husbandry and dairying department may get a 20% higher allocation of 5,193 crore in the FY25 interim budget, two senior officials said, reflecting a sharper focus on improving dairy and livestock health. The increase is expected on account of a higher allocation for schemes targeted for dairy, livestock health and animal infrastructure—a sector …

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Nova Dairy’s Pure Ghee to Grace Ayodhya Ram Mandir’s Pran Pratishtha Ceremony

 Nova Dairy, a key producer in the Indian dairy industry, is honoured to announce that its ghee has been chosen as a vital ingredient of the upcoming Pran Pratishtha ritual to be held at the Ayodhya Ram Mandir. As the divine presence of Lord Ram is officially installed within the newly-built temple, this religious occasion …

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Dodla Dairy eyes 25% sales volume growth on VADPs

Hyderabad-based Dodla Dairy, a company specialising in processing and distributing milk and dairy products, is targeting a 25% increase in sales volume to average 20 lakh litre per day from around 16 lakh litre currently. In an interview with CNBC-TV18, Sunil Reddy Dodla, Managing Director said Dodla Dairy wants to go into growth mode and …

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Dodla Dairy Limited Just Missed EPS By 15%: What next ?

Dodla Dairy Limited (NSE:DODLA) just released its latest third-quarter report and things are not looking great. Dodla Dairy missed earnings this time around, with ₹7.5b revenue coming in 3.1% below what the analysts had modelled. Statutory earnings per share (EPS) of ₹6.88 also fell short of expectations by 15%. Earnings are an important time for investors, …

Dodla Dairy Limited Just Missed EPS By 15%: What next ? Read More »

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Global Dairy Trade Event 348 concluded with the GDT Price Index up 2.3%

AMF index up 4.3%, average price US$5,842/MT (€5,338/MT) Butter index up 5.8%, average price US$5,906/MT (€5,396/MT) BMP index not available, average price not available Ched index up 1.0%, average price US$4,217/MT (€3,853/MT) LAC index up 1.3%, average price US$760/MT (€694/MT) MOZZ index down 3.3%, average price US$3,830/MT (€3,499/MT) SMP index up 1.2%, average price US$2,638/MT …

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Dairy Tech Startup Stellapps In Talks To Raise $20 Mn To Fuel Expansion

Bengaluru-based dairy tech startup Stellapps is in advanced discussions to raise around $20 Mn in its Series C funding round, Inc42 has learnt. Almost 70% of the funding will be raised from existing investors, including Celesta Capital, Omnivore, Gates Foundation, IDH Farmfit Fund, Blume Ventures, and Qualcomm Ventures. Confirming the development, Stellapps cofounder and CEO …

Dairy Tech Startup Stellapps In Talks To Raise $20 Mn To Fuel Expansion Read More »

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