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Market Trading Guide: Parag Milk among two stock recommendations for Wednesday
Benchmark indices ended a volatile session near the 23,500 mark as buying emerged from key support levels. Analysts have recommended Chennai Petroleum and Parag Milk Foods for Wednesday, citing strong bullish breakouts, rising volumes, favorable moving average alignment and improving technical momentum.
Parag Milk Foods launches Avvatar Protein Cold Coffee - a ready-to-drink protein beverage
Parag Milk Foods under its sports nutrition brand Avvatar, has announced its entry into India's fast-growing ready-to-drink (RTD) protein beverage segment through a strategic partnership with Tetra Pak. The company has launched Avvatar Protein Cold Coffee, protein cold coffee in India's first Tetra Prisma Aseptic 250E pack, combining convenience, nutrition, and taste in an on-the-go format that fits seamlessly into consumer daily routines. Priced at Rs 120, the beverage strengthens Avvatar's portfolio beyond traditional sports nutrition into everyday functional consumption.
Heritage Foods' Q4 net profit drops 37% on higher milk costs, declares ₹2.50 final dividend
Shares of Heritage Foods Ltd ended at ₹379.70, up by ₹17.20, or 4.74%, on the BSE.
Trade Spotlight: How should you trade Federal Bank, KPIT Technologies, Parag Milk Foods, Route Mobile, PTC Industries, and others on June 3?
The market is expected to consolidate further while taking support at Tuesday's low. Below are some short-term trading ideas to consider.