Support and Resistance Levels
Past performance
About Modern Dairies Ltd Modern Dairies Ltd, incorporated in 1992 in Haryana, specializes in dairy products including packed liquid milk, skimmed and whole milk powder, infant milk food, pure ghee, and butter. After being declared sick in 1997-98 and receiving a rehabilitation plan by BIFR, with support from IFCI, PNB, and Haryana government, the company successfully restructured its financials, including a significant interest waiver.
The company boasts an ISO-9002 certification and has established significant partnerships, notably with Britannia Industries for the supply of pasteurized milk, butter, and ghee, and with Nestle for table butter. It has expanded its product line to include traditional Indian dairy items like Lassi and Paneer and has enhanced its production capabilities with investments in new facilities and equipment. Modern Dairies has also improved its milk procurement infrastructure and expanded into new markets with products like set curd, demonstrating a strategic focus on growth and diversification in the dairy sector.