Sonalis Consumer Products is currently trading at RS 63.00, up by 0.43 points or 0.69% from its previous closing of RS 62.57 on the BSE.
The stock opened at RS 63.00 and recorded a high and low of RS 63.00 each, with 52,000 shares traded so far.
The BSE Group ‘M’ stock, with a face value of RS 10, has touched a 52-week high of RS 92.00 on 31-Oct-2025 and a 52-week low of RS 43.75 on 21-Mar-2025.
During the last week, the stock has seen a high of RS 74.50 and a low of RS 60.00. The current market capitalization of the company stands at RS 29.71 crore.
Promoter shareholding in the company is 35.78%, while Institutions hold 0.04% and Non-Institutions hold 64.17%.
The company has signed a Memorandum of Undertaking (MoU) with Holkar Somnath Milk & Agro Products for a 100% acquisition of the target company, subject to terms and conditions mentioned in the MoU. This strategic move aims to:
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Expand market presence and increase market share
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Enhance revenue through broader product offerings and customer base
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Increase profitability through scale and synergy benefits
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Reduce dependence on a single market or product
Upon completion of conditions specified in the MoU, Sonalis Consumer Products will gain management and control of the target company.
Sonalis Consumer Products is engaged in the manufacturing, retailing, and wholesale distribution of snacks.