Fredun Pharmaceuticals Limited saw a 3% jump in its stock price following the announcement of its new cutting-edge functional foods manufacturing facility. Located in Palghar, Maharashtra, this state-of-the-art plant, set to begin operations by Q3 FY26, will focus on producing high-quality functional foods designed to improve pet health and nutrition.
As the pet care industry in India continues to grow rapidly, Fredun Pharmaceuticals is positioning itself as a leader in the market. With an increasing number of pet owners recognizing the importance of proper nutrition in preventing chronic health issues like heart disease, diabetes, and cancer, the new plant will address these needs by offering advanced nutritional solutions for pets.
The facility, designed with the latest technology, will produce functional foods under Fredun’s brand and also offer white labeling services for domestic and export markets.
As of 10:58 am, Suprajit Engineering shares were trading 3.16% higher at Rs 729.20 on the NSE.
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