Rudra Shares and Stock Brokers Ltd Broker Research reports

Company has announced acquisition of Avadh Snacks Private Limited, Gujarat's leading snacks food company. PSL has agreed to acquire 80% equity stake for a consideration of `148 crores through a combination of primary & secondary investment. Acquisition of Avadh Snacks will help to accelerate growth and deepen its presence in the key market of Gujarat . Gujarat is the biggest salty snacks market in India and is one of the most important markets where Prataap Snacks would like to build a presence with a strong partner like Avadh. Further, product offerings of Prataap Snacks and Avadh Snacks are complementary and will help the firm in creating a balanced portfolio with a mix of regional and national flavors and variants across...

One of the largest manufacturer of fasteners in India with supplier of high tensile (HT) fasteners to Honda & Maruti . It is one of the progressive OEM suppliers in India with a client base that spans automotive companies in India, Europe and USA. Some of its marquee list of customers includes Hero, Ashok Leyland, TAFE, Mahindra and Mahindra, Volvo, Suzuki, Fiat, Eicher, General Motors, etc. Further, management has a vision to expand exports to North America and other Latin countries in years to come. Tie - up with Meidoh - Gain additional business in PV segments STL will get the technical know-how from Meidoh for all its facilities that will enable STL to manufacture specialized fasteners. Meidoh already has global tie ups with Suzuki that will enable STL to push for specialized fastener supply to Maruti...

One of the fastest growing companies in the organized snacks industry, offers multiple variants of products across categories of potato chips, extruded snacks, namkeen under the popular "Yellow Diamond" brand. Prataap's USP is its differentiating offerings which include innovative flavors targeted at addressing consumer tastes, market trends and providing superior value to consumers. Company have started FY 19 on a positive note with revenues growing at 19% Y-O-Y in Q1 as against growth of...