Milky Mist Dairy Food shares already surged 113% from IPO price in 2 months but Nuvama sees more returns; target price
60-Word AI Digest
Milky Mist Dairy Food shares rose 5% to ₹298.75, up 113% from their IPO price. Nuvama initiated coverage with a Buy rating and ₹330 target, citing growth in value-added dairy, expansion beyond South India and improving cash flows, while flagging concentration and milk-price risks.
Key Takeaways
- Milky Mist Dairy Food shares rose 5% to ₹298.75, up 113% from their IPO price.
- Nuvama initiated coverage with a Buy rating and ₹330 target, citing growth in value-added dairy, expansion beyond South India and improving cash flows, while flagging concentration and milk-price risks.
- Full details and original dispatch available below.
Milky Mist Dairy Food shares rose 5% to ₹298.75, up 113% from their IPO price. Nuvama initiated coverage with a Buy rating and ₹330 target, citing growth in value-added dairy, expansion beyond South India and improving cash flows, while flagging concentration and milk-price risks.
Original Publisher Attribution
This summary was curated from Livemint.