Support and Resistance Levels
Past performance
About Anjani Foods Ltd Anjani Foods Limited, initially incorporated as Raasi Enterprises Limited in 1983, is a prominent bakery retailer and distributor headquartered in Bhimavaram, Andhra Pradesh. Renamed in 2006, the company operates an extensive network of retail and distribution outlets spanning five districts from Srikakulam to Godavari. Its product range includes biscuits, bread, buns, cakes, pastries, and rusks, tailored to diverse customer needs. The company’s retail presence is notable in Vizag, featuring high street patisserie cafés and various outlets in residential and commercial areas, while its expanding distribution network ensures product availability in North Andhra Pradesh's mandals and towns.
Significant corporate developments include the 2015 acquisition of a food industry with a 73.95% stake and the 2017-18 merger with Sai Aditya Foods and Retail Private Limited, enhancing Anjani's bakery product offerings. In 2019, Anjani ventured into Telangana with Student Café outlets in Hyderabad's college campuses. The acquisition of a 51% stake in Senta Foodwork Private Limited in March 2022 further strengthened its market position.