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Bikaji Foods Reports Fire Incident at Patna Manufacturing Unit

Story Highlights
  • Bikaji Foods specializes in Indian snacks and sweets for domestic and global markets.
  • A fire at a Bikaji contract unit in Patna caused no casualties and minimal business impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bikaji Foods Reports Fire Incident at Patna Manufacturing Unit

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Bikaji Foods International Ltd. ( (IN:BIKAJI) ) has shared an update.

Bikaji Foods International Ltd. reported a fire incident at its contract manufacturing unit, Dadiji Snacks Private Limited, in Patna, Bihar. The fire was controlled without any casualties, and the company has adequate insurance coverage to manage the situation. The incident is expected to have minimal impact on business operations, as production demands will be met by other nearby units until the affected unit resumes operations.

More about Bikaji Foods International Ltd.

Bikaji Foods International Ltd. operates in the food industry, specializing in the production and distribution of traditional Indian snacks and sweets. The company is based in Bikaner, Rajasthan, India, and focuses on catering to both domestic and international markets.

Average Trading Volume: 55,637

Technical Sentiment Signal: Buy

Current Market Cap: 181.1B INR

See more insights into BIKAJI stock on TipRanks’ Stock Analysis page.

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