DSM Fresh Foods Soars 12% After Q1 Revenue Reaches Rs74 Cr; Pro-Forma Run-Rate Hits Rs85 Cr
India, July 22 -- India's organised fresh protein and meat retail industry continues to benefit from rising urbanisation, growing preference for hygienic, branded products, and the rapid expansion of quick commerce platforms. Companies with integrated farm-to-fork models and omnichannel distribution are increasingly well placed to capture this structural shift away from unorganised retail.
Shares of DSM Fresh Foods Ltd (Zappfresh), with a market capitalisation of Rs. 170.5 crore, were trading at Rs. 76.10, up 12 percent in Wednesday's trade. The stock remains nearly 63 percent below its 52-week high of Rs. 208 but has rebounded around 16 percent from its 52-week low of Rs. 65.50. The company is currently trading at a P/E ratio of 11.86 a...
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