Chicken and beef story: Venky's shares up 279% in 2017
June 30, 2017 10:06
The beef ban and the crackdown on illegal meat shops and slaughterhouses by some states may have benefited Venky's (India) Ltd, whose shares are burning up Dalal Street.
Shares of Venky's, which specializes in poultry products (including broiler chicken, day-old broiler chicks and eggs), chicken feed and animal health products, have risen 279% in 2017. They touched a record high of Rs1,636 in intraday trading on Thursday. In contrast, the Sensex and the Nifty (benchmark indices of BSE and the National Stock Exchange) are up 15.9% and 16.1%, respectively. Read more
Shares of Venky's, which specializes in poultry products (including broiler chicken, day-old broiler chicks and eggs), chicken feed and animal health products, have risen 279% in 2017. They touched a record high of Rs1,636 in intraday trading on Thursday. In contrast, the Sensex and the Nifty (benchmark indices of BSE and the National Stock Exchange) are up 15.9% and 16.1%, respectively. Read more
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