Dairy stock in focus after signing MoU with Neopolitan Pizza and FoodDairy stock in focus after signing MoU with Neopolitan Pizza and Food

Introduction:

Dairy stock has entered into a business agreement with a well-known food chain to supply its products, expanding its market reach. This collaboration aligns with growth strategies, ensuring regulatory compliance while strengthening its presence in the foodservice industry.

Share Price movement of Sheetal Cool Products:

On March 3, 2025, Sheetal Cool Products Ltd opened at ₹299.55, reaching a high of ₹300.15 and a low of ₹284.00, down 0.02% from its previous close of ₹295.05. Stock closed at ₹295.00, with a market cap of ₹309.75 crore.

Sheetal Cool Products signed new MoU:

Sheetal Cool Products Limited has entered into a business agreement with Neopolitan Pizza and Foods Limited. Under this agreement, Sheetal Cool Products Limited will supply its products to Neopolitan Pizza and Foods Limited, strengthening their business collaboration and expanding their market reach.

The agreement follows SEBI regulations, ensuring compliance with disclosure norms. No shareholding exists between the companies, and no significant impact on management or control is expected. The agreement does not fall under related party transactions, and no liability or restrictions are imposed on Sheetal Cool Products Limited.

The Memorandum of Understanding outlines the agreement’s key terms. There are no nominee directors, share issuances, or conflicts of interest arising from this deal. This partnership aims to enhance business operations while maintaining regulatory compliance and transparency.

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Ace investor holding of Sheetal Cool Products:

Goutambhai Vipulbhai Mandanka holds a 3.01% stake in Sheetal Cool Products Ltd., owning 316,500 shares valued at ₹9.3 crore. His holdings remained unchanged in the previous quarter, reflecting steady confidence in the company’s long-term prospects despite recent stock performance fluctuations.  

Zaki Abbas Nasser owns a 2.81% stake in Sheetal Cool Products Ltd., with 295,000 shares worth ₹8.6 crore. His holdings increased by 0.19% in the latest quarter, indicating growing confidence in the stock despite market challenges and ongoing fluctuations in the company’s performance.

Stock performance of Sheetal Cool Products  for Period of 1 week, 6 months and 1 year:

Sheetal Cool Products’ stock declined by 1.99% over the past week, reflecting short-term weakness. Over six months, the stock dropped 27.5%, indicating sustained pressure. The one-year performance showed a sharper decline of 28.4%, highlighting ongoing challenges in maintaining market strength and investor confidence.

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Shareholding pattern of Sheetal Cool Products:

All values in %	Dec-24	Sep-24	Jun-24
Promoters	65.59	65.59	65.59
FII	0.02	0.07	0.01
DII	0.62	0.34	0.38
Retail & others	33.78	33.99	34.02

About Sheetal Cool Products :

Sheetal Cool Products Ltd. is a leading dairy and frozen food company specializing in ice creams, dairy products, and snacks. With a strong market presence, it focuses on quality, innovation, and expanding its distribution network to enhance growth and consumer reach.

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.