According to the news report published in Zee Business, in the face of heightened inflation and global challenges related to commodity prices, the domestic fast-moving consumer goods (FMCG) sector continues to demonstrate its resilience. This endurance, fueled by growth driven by pricing strategies, has caught the attention of foreign institutional investor Nomura Singapore, prompting them to increase their investment in the prominent Gujarat-based FMCG firm, Mishtann Foods.
In an official communication, the company has announced that Nomura Singapore has significantly augmented its ownership stake, now exceeding 2 per cent. Their current holdings encompass a 2.19 per cent equity stake, equivalent to an impressive 2,18,82,762 shares within the organization.
