Parag Milk Foods on the other hand has been a rank under performer with flat returns for the year, although the stock rose 11 percent intraday yesterday on striking a deal with the Taj Group. In an interview to CNBC-TV18, Devendra Shah, Chairman of Parag Milk Foods mapped out their plans for the coming year.
Company’s vision is to be Rs 6000 crore company by 2020 through growth in existing as well as new markets, said Brahmani Nara, ED, Heritage Foods.
Speaking to CNBC-TV18, Future Group's founder and CEO Kishore Biyani said the group will now focus more on food, fashion and home.