Stock Report

CIAN Expands Additional Packaging Facility in Oil Division



Posted On : 2024-12-12 21:58:05( TIMEZONE : IST )

CIAN Expands Additional Packaging Facility in Oil Division

The company operates in Edible Oil Division under its brand name 'AMRUTDHARA'. It's Network Covers Entire Central India Region.

CIAN, one of the top player in the edible oil industry, has significantly boosted its additional packaging capabilities in the oil division by entering into a strategic partnership for expansion through additional Packaging Facility in the nearby vicinity. This collaboration is designed to enhance production efficiency, Optimize logistics, and cater to the increasing demand for CIAN's products across both domestic and international markets.

This tie-up gives exposure to leverage to the regional firm's advanced infrastructure including modernized facilities and cutting-edge technology to expand its packaging capacity. This initiative is expected to reduce operational costs and increase the company's ability to scale up its operations swiftly, ensuring time fulfilment of customer needs. With this strategic move, CIAN is positioning itself to improve its market share and better compete in the ever evolving Edible oil industry, also fostering economic growth in the region through the creation of new jobs works and regional partnerships.

Shares of CIAN Agro Industries & Infrastructure Ltd was last trading in BSE at Rs. 443.55 as compared to the previous close of Rs. 434.90. The total number of shares traded during the day was 1052 in over 10 trades.

The stock hit an intraday high of Rs. 443.55 and intraday low of 443.55. The net turnover during the day was Rs. 466614.00.

Source : Equity Bulls

Keywords

CIANAgroIndustriesandInfrastructure INE052V01019 EdibleOils OilDivision PackagingFacility