Gold Silver Reports (GSR) – Parag Milks Foods Gains After Acquiring Danone’s Manufacturing Unit — Shares of the Mumbai-based dairy products maker rose as much as 3.6 percent to Rs 282.95 after it acquired Danone India’s manufacturing facility of curd, yogurt and other related products near Delhi, the company said in an exchange filing.
The acquisition will help expand its footprint in North India, the exchange filing added.