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Manorama Industries Ltd. ( (IN:MANORAMA) ) has provided an announcement.
Manorama Industries Ltd. has announced the execution of a Memorandum of Understanding with the National Office for Major Projects of Burkina Faso to establish a new factory for processing Shea Nuts and Mango Kernels. This venture, conducted through a wholly-owned subsidiary, aligns with Burkina Faso’s industrialization policy and aims to promote sustainable economic development, leveraging Manorama’s two-decade expertise in the industry.
More about Manorama Industries Ltd.
Manorama Industries Ltd. operates in the specialty fats and butters industry, providing exotic products for Fortune 500 companies in the chocolate, confectionery, and cosmetic sectors. The company is recognized for its expertise in manufacturing and is certified with various international standards, including FSSC 22000, ISO, and Fairtrade, and is a Government of India Recognized Star Export House.
Average Trading Volume: 14,790
Technical Sentiment Signal: Buy
Current Market Cap: 81.82B INR
For detailed information about MANORAMA stock, go to TipRanks’ Stock Analysis page.