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Nakoda Group of Industries Ltd. ( (IN:NGIL) ) has provided an update.
Nakoda Group of Industries Ltd. has announced an amendment to its Memorandum of Association to include a new range of drinks and beverages, marking a strategic expansion into this segment. This move is expected to enhance the company’s product offerings and potentially strengthen its market position by diversifying its portfolio. Additionally, the company approved a related party transaction for the use of the ‘NOCTRL’ trademark, which could have implications for branding and marketing strategies.
More about Nakoda Group of Industries Ltd.
Nakoda Group of Industries Ltd. operates in the food and beverage industry, focusing on the manufacturing, processing, and trading of a wide range of food products, including bakery items, confectionery, and various agricultural products. The company is expanding its market focus to include a new segment of drinks and beverages, such as mineral water, aerated drinks, and non-alcoholic beverages.
YTD Price Performance: -22.78%
Average Trading Volume: 25,730
Current Market Cap: 607M INR
Find detailed analytics on NGIL stock on TipRanks’ Stock Analysis page.