[Stock idea]: Parag Milk Foods…Marquee investors like Mr. Utpal Sheth taking a bet on the stock
Recently I came across Parag Milk Foods (NSE – PARAGMILK). The company claims to command 35% market share in the cheese category and 22% in branded cow ghee segment. It came to my notice because it announced a preferential allotment of warrants to Promoters and Non-promoters at a price of Rs 179.10/- per warrant. The non-promoters include marquee investors like Mr. Utpal Sheth and company’s employee Mr. Ankit Jain. Below, we have shared notes from the Q4 FY 25 concall of the company…