Milk Predict

July 2024

Hatsun Agro Dairy firm’s stock gains over 5% after net profit surges 63% in Q1

Hatsun Agro shares are trading over 5% higher on Tuesday, July 16, after the company reported a 62.9% increase in net profit at ₹130.5 crore for the first quarter that ended June 30, 2024.   In the corresponding quarter, Hatsun Agro Products posted a net profit of ₹80.1 crore, the company said in a regulatory …

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Milky Mist likely to hit stock market with IPO, seeks Rs 20,000 crore valuation

Milky Mist is planning to raise funds via initial public offering (IPO), reported MoneyControl citing sources familiar with the matter. The paneer-to-ice cream maker is looking to expand its dairy product portfolio to take on its arch rival Amul, said the report. The report said that a number of marquee Indian investment and merchant bankers …

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Milk prices to go up by Rs 2 per litre in Pune

Dairies in Maharashtra have decided to increase the price of pouched milk by Rs 2 per litre from Sunday (July 14). On Saturday, private and cooperative dairies in Maharashtra decided to increase their selling price to match the state government’s base procurement price. A litre of liquid milk will now cost between Rs 56-58 a litre. Gopalrao …

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Plan to set up milk producers’ dairy union in every district of India: Amit Shah

Union Cooperation Minister Amit Shah on Saturday said the Centre has set a target to have a co-operative bank and a milk producers’ union in each district of the country and also establish in the next five years multipurpose primary agriculture credit societies (PACS) in two lakh panchayats that have no cooperative institution. Addressing the ‘Sahkar se …

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New App To Help Haryana dairy Farmers Estimate Milk Yield Accurately

Farmers in Haryana will soon find it easier to estimate the milk yield of their cows and buffaloes. Scientists at the Central Institute of Buffalo Research (CIRB) are developing a mobile app to assist with this. The app, currently in testing, claims an 88 per cent accuracy rate in predicting milk yield. It will be …

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Aavin milk procurement to touch 40 lakh litres per day soon: Dairy min

State dairy development minister Mano Thangaraj said Aavin has increased its milk procurement to 36 lakh litres per day. Speaking to reporters in Coimbatore after a review meeting with Aavin officials on Sunday, he said the daily procurement would touch 40 lakh litres of milk procurement in a week or two. “Simultaneously, we are making efforts …

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