FMCG stock jumps 3% after signing agreement with Marya Frozen Agro Food ProductsFMCG stock jumps 3% after signing agreement with Marya Frozen Agro Food Products

Introduction:

FMCG stock has signed a two-year agreement with a processing firm to expand its frozen halal meat operations. The partner will manage slaughtering, processing, and packaging, ensuring compliance with regulations while boosting production capacity and strengthening its presence in the global meat export market.

Share Price movement of HMA Agro Industries:

On March 5, 2025, HMA Agro Industries Ltd opened at ₹30.50, reaching a high of ₹32.24, up 2.50% from its previous close of ₹31.21, and a low of ₹30.50. Currently, the stock is trading at ₹31.99, with a market cap of ₹1,601.96 crore.

HMA Agro Industries signed new agreement:

HMA Agro Industries Limited has signed a Facilities Agreement with Marya Frozen Agro Food Products Pvt. Ltd. for slaughtering, chilling, processing, freezing, and packing of frozen halal boneless buffalo meat. The agreement, effective from March 3, 2025, will be valid for two years.  

Marya Frozen Agro Food Products has a processing capacity of 298 metric tons per day and will handle all required certifications and insurance for the manufacturing facility. This partnership aims to expand HMA Agro’s business operations while ensuring compliance with industry regulations.  

The agreement is not classified as a related party transaction and does not involve any shareholding changes. Any disputes arising from the contract will fall under the exclusive jurisdiction of the courts in Bareilly, ensuring a structured and legally compliant business collaboration.

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Stock performance of HMA Agro Industries  for Period of 1 week, 6 months and 1 year:

HMA Agro Industries’ stock declined by 4.03% over the past week, reflecting short-term weakness. Over six months, it dropped significantly by 38.0%, indicating a prolonged downturn. In the past year, the stock fell 50.5%, highlighting ongoing challenges despite its presence in the FMCG sector.

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Shareholding pattern of HMA Agro Industries:

All values in %	Dec-24	Sep-24	Jun-24
Promoters	83.61	83.61	83.61
FII	5.33	5.76	5.3
DII	0	0	0.03
Retail & others	11.04	10.63	11.06

About HMA Agro Industries :

HMA Agro Industries is a leading exporter of frozen halal boneless buffalo meat, catering to global markets. The company specializes in processing, packaging, and distribution, ensuring high-quality standards. It plays a key role in India’s meat export industry, expanding its global footprint.

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.