FMCG Stock Under 50 Jumps 3% After Announcing Acquisition of 51% Stake in GSM Marine Export

Introduction

FMCG Stock Under 50, Mukka Proteins, is a manufacturer and exporter of Fish Meal and Fish Oil. Today, on 22 April 2025, its stock is in focus due to the announcement made by the company to acquire a 51% Stake in GSM Marine Export. 

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Share Price Insight of Mukka Proteins

On 21 April 2025, Mukka Proteins opened at ₹33.21 from its previous close of ₹33.07. Throughout the trading day (21 April 2025), the price of the stock faced many ups and downs, with a single-day high of ₹34.00, and it closed at ₹33.08.

On 22 April, Mukka Proteins opened at ₹33.48 from its previous close of ₹33.08.

What is the news?

Mukka Proteins, a FMCG stock under 50, has climbed up 3% after announcing the acquisition of a 51% stake in GSM Marine Export. This acquisition is a part of the company’s strategic expansion. 

Like Mukka Proteins, GSM Marine Export is also in the same business of manufacturing fish meal and fish oil. For FY 2023–24, the turnover of GSM Marine Export reported ₹32.35 crore while the PAT was ₹7.68 lakh.

Mukka Proteins Share Performance for 5 Days, 1 Month, and 6 Months:

In the last 5 days, Mukka Proteins has given a negative return of 0.88%, while in the last 1 month, it has given a negative return of 0.82%. In 6 months, the price has fallen by 21.48%.

Shareholding Pattern of Mukka Proteins

PerticularsJune 2024Sep. 2024Dec. 2024March. 2025
Promotors73.33%73.33%73.33%73.33%
FIIs5.08%2.81%2.63%2.63%
DIIs2.50%2.00%1.98%1.98%
Public19.09%21.84%22.06%22.05%

About  Mukka Proteins

Founded in 2003, Mukka Proteins manufactures and exports fish meal and fish oil to over 10 countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.

Its products are widely used for aqua feed, such as for fish and shrimp, poultry feed, such as for broiler and layer, pet food, such as dog and cat food, pharmaceutical products, such as Omega-3 pills and related products derived from fish oil, soap manufacturing, leather tanneries, and paint industries too.

Disclaimer: This article is intended solely for educational use. Information about the companies referenced may evolve over time. The securities mentioned serve as examples and should not be considered investment recommendations.

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