Ajooni Biotech Limited has informed the Exchange regarding 'PRESTIGIOUS ORDER RECEIVED FROM INDIA S LEADING DAIRY SUPPLIER FOR RS. 250 million'.
AJOONI · price
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On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 3.7 pts more than its Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ajooni Biotech Limited has secured a Rs 250 million order from India's leading dairy cooperative for the supply of high-quality cattle feed. The order is from an existing and regular customer, indicating continued business trust. The company stated that production teams are prepared to meet quality and delivery requirements. Additionally, Ajooni informed that its new state-of-the-art manufacturing facility with an annual capacity of 120,000 MT of cattle feed will become operational by November 2025, which is expected to improve efficiency, reduce costs, and boost revenue.
This is a positive development for shareholders as it reinforces the company's position in the animal nutrition sector and signals revenue visibility. The upcoming plant expansion could support further growth, though investors should watch for execution and capacity utilization post-November 2025.