Stock Report

Cressanda's subsidiary enters into an exclusive distributorship with Bharatiyam Distribution Pvt. Ltd.



Posted On : 2024-09-26 14:10:59( TIMEZONE : IST )

Cressanda's subsidiary enters into an exclusive distributorship with Bharatiyam Distribution Pvt. Ltd.

Cressanda Railway Solutions Limited's wholly-owned subsidiary, Cressanda Retail Solutions Private Limited (formerly known as Cressanda Food Solution Private Limited) (CRSPL), has entered into an exclusive distributorship with Bharatiyam Distribution Pvt. Ltd (BDPL) for the sale and distribution of CAMPA and associated products within the Northern Zone on Indian Railways.

Bharatiyam Distribution Pvt. Ltd. is the distribution arm of Bhartiyam Beverages Pvt. Ltd., that manufactures and bottles CAMPA and associated products of juices, other aerated drinks, mineral water and energy drinks for Reliance Consumer Products Ltd., in the northern India territory.

This distributorship covers the sale and distribution of CAMPA, other aerated drinks, energy drinks and juices across the Northern Zone of Indian Railways which spans five major divisions including g Delhi, Ambala, Lucknow, Ferozpur, and Moradabad. This covers the states of Haryana, Chandigarh (UT), Uttar Pradesh, Himachal Pradesh, Punjab, Delhi, Jammu & Kashmir, and Uttarakhand. This expansive network comprises 141 stations and stretches over 6,807 kilometres, including the historic Kalka-Shimla railway line, a UNESCO World Heritage Site. With over 1,926 trains running daily and transporting 22 lakh passengers across this region, Cressanda's exclusive access on this network ensures widespread distribution and brand visibility for the CAMPA brand and its affiliated products.

Bharatiyam Distribution Pvt. Ltd. has been deeply rooted in Foods and Beverages Industry for over three decades. It has a rich experience in manufacturing, distributing and retailing food products, sparkling beverages, juices & packaged water throughout the Indian Subcontinent.

CRSPL., a wholly-owned subsidiary of Cressanda Railway Solutions Ltd. is focussed on creating and operating value-added businesses mainly around the Indian Railways. CRSPL aims to become one of India's most comprehensive and efficient retail, food and beverages product and distribution company, by leveraging technology and value-adding on the extensive Indian Railways Network. The goal of CRSPL is to reach the farthest mile of the vast Indian Railway network at the most efficient and sustainable manner.

With this exclusive tie-up, CRSPL is set to expand its operational reach, enhance its distribution capabilities, and strengthen its foothold in the fast-growing consumer goods market. This partnership not only enables CRSPL to serve millions of daily passengers across key states but also aligns with its long-term vision of becoming a leader in India's retail distribution sector, driving both growth and market leadership.

Shares of CRESSANDA SOLUTIONS LTD. was last trading in BSE at Rs. 13.04 as compared to the previous close of Rs. 13.30. The total number of shares traded during the day was 171152 in over 392 trades.

The stock hit an intraday high of Rs. 13.04 and intraday low of 13.04. The net turnover during the day was Rs. 2231822.00.

Source : Equity Bulls

Keywords

CRESSANDARAILWAYSOLUTIONS INE716D01033 CressandaRetailSolutions ExclusiveDistributorship BharatiyamDistribution CAMPA Products NorthernZone IndianRailways