Milk price rise

Analysts believe the momentum in dairy stocks such as Dodla Dairy, Heritage Foods, Hatsun Agro is here to stay.

Dairy stocks strategy amid milk price rise:Amid rising milk prices, analysts have an optimistic view on India’s dairy stocks such as Heritage Foods and Dodla Dairy, aided by hopes of margin expansion in the near-to-medium term.

From a long-term perspective, too, they believe the growing population, changing lifestyle patterns, increasing disposable incomes, and rising health consciousness will drive the growth of dairy consumption in India.

READ THE FULL STORY HERE: https://www.business-standard.com/markets/news/milk-price-rise-will-dairy-stocks-milk-gains-for-investors-analysts-weigh-124071000412_1.html

 

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Alka Upadhyaya, Secretary of the Department of Animal Husbandry and Dairying (DAHD), stated that the milk supply in India remains stable, with the Wholesale Price Index (WPI) and Consumer Price Index (CPI) inflation rates for milk recorded at 2.09 per cent and 2.85 per cent, respectively, in November 2024.

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