Milky Mist Expands Dairy Plant & Shankesh Posts Profit

By ThePip DeskMilky Mist Expands Dairy Plant & Shankesh Posts Profit

Milky Mist Dairy Food commissions a new high-protein production facility in Tamil Nadu as stock rises, while Shankesh Jewellers reports financial results.

Milky Mist Dairy Market Performance

Milky Mist Dairy Food shares are currently trading at Rs 287.00, marking an increase of 7.65 points or 2.74% from the previous closing price of Rs 279.35 on the BSE. The stock opened at Rs 279.90, reaching a high of Rs 288.80 and a low of Rs 277.70 during the session.

  • Current Price: Rs 287.00
  • Percentage Gain: 2.74%
  • Trading Volume: 6128 shares
  • Market Capitalisation: Rs 21505.58 crore

The stock, which has a face value of Rs 2, recorded a 52-week high of Rs 288.10 on 11-Sep-2026 and a 52-week low of Rs 165.00 on 18-Aug-2026. Shareholding patterns indicate that promoters hold 79.51% of the company, while institutions and non-institutions hold 7.92% and 12.56% respectively.

Production Expansion in Tamil Nadu

Milky Mist Dairy Food has commissioned a new manufacturing plant for Skyr and Greek Yogurt at its facility in Perundurai, Tamil Nadu. This project represents an investment of approximately Rs 40 crore and adds a processing capacity of 150 tonnes per day.

  • Investment: Rs 40 crore
  • Processing Capacity: 150 tonnes per day
  • Technology: Ultrafiltration Technology

The facility is part of the company’s broader modernisation programme, which was a stated objective of its initial public offering. By scaling its high-protein portfolio, the company aims to support future revenue growth and maintain its position in the dairy segment.

Shankesh Jewellers Q1 Results

In separate corporate updates, Shankesh Jewellers reported its financial performance for the quarter ending June 2026. The company announced a profit after tax of Rs 432.33 million for the period.

This operational update underscores the current investment trends within the consumer goods and retail sectors. Market participants are monitoring these capacity expansions as indicators of long-term scaling strategies in the high-protein dairy and jewellery markets.

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