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FMCG stock hits upper circuit after it export order for eco friendly sugar from UAE

Prominent FMCG company has secured an export order from the UAE for its eco-friendly, sugar-based Health & Personal Care products, marking a significant step in its global expansion and sustainability efforts.
FMCG stock hits upper circuit after securing export orders for eco-friendly sugar from UAE.
FMCG stock hits upper circuit after securing export orders for eco-friendly sugar from UAE.

order from the UAE for its eco-friendly, sugar-based Health & Personal Care products, marking a significant step in its global expansion and sustainability efforts.

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Introduction:

Leading FMCG player has secured a major export order from the UAE for its eco-friendly, sugar-based Health & Personal Care products. This milestone reflects the company’s commitment to sustainability and expanding its global presence in the green products sector.

Also Read: Hotel stock jumps after it signs new property in Kufri, Himachal Pradesh

Share price movement of CIAN:

On December 3, 2024, CIAN Agro Industries & Infrastructure Ltd opened at ₹386.35, up 1.99% from its previous close of ₹378.80. The stock reached a high of ₹386.35. By 10:14 AM, it traded at ₹386.35, with a market cap of ₹1,081.24 crore.

CIAN Secures UAE Export Order:

CIAN, a key player in the FMCG sector, has made significant strides in global expansion by securing an export order from the UAE for its eco-friendly, sugar-based Health & Personal Care products. This deal highlights the company’s commitment to sustainable solutions.

Operating in multiple divisions, including Agro, Health & Personal Care, and Infrastructure, CIAN offers products through brands like AMRUTDHARA, O’TIR, NEU, and CIAN Agro. The company emphasizes eco-friendly and chemical-free alternatives like edible oils, spices, and hygiene products.

CIAN’s success in international markets, especially the UAE, aligns with the growing demand for sustainable products. The company’s green products revolution paves the way for further global growth.

Recent news on CIAN:

As of Nov 07, 2024, CIAN Agro Industries & Infrastructure Ltd reached a 52-week high, rising 51.25% over 21 consecutive days. The stock outperformed the sector by 1.65% and is trading above its moving averages, making it an attractive investment option.

Stock performance of CIAN for Period of 1 week, 6 months and 1 year:

CIAN Agro Industries & Infrastructure Ltd has shown impressive performance with an 8.21% return over the past week, a remarkable 813% return over the last six months, and an extraordinary 950% return over the past year.

Also Read: Auto ancillary stock jumps 3% after it acquires TVS motor’s subsidiary company for ₹215.3 Cr

Shareholding pattern of CIAN:

All values in %Sep 2024Jun 2024Mar 2024
Promoter67.70%67.70%67.70%
FII0.10%0.10%0.10%
DII0.10%0.10%0.10%
Public32%32%32%
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About CIAN:

CIAN Agro Industries & Infrastructure Ltd (BSE: 519477) was incorporated in 1985 and operates in Agro, Healthcare, and Infrastructure sectors. The company offers products like spices, edible oil, personal care, home care, and bio fertilizers.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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