Milky Mist Shares Hit Record High, Rise 75% From Low

Dairy Food shares hit a record high on September 11, rising 3.4% to ₹288.80 after the company commissioned a new Skyr and Greek Yogurt manufacturing facility in Tamil Nadu. The stock has surged 75% from its 52-week low of ₹165, reflecting strong momentum since its August IPO. The new facility, located at the company’s integrated manufacturing unit in Perundurai, has been set up with an investment of around ₹40 crore and can process up to 150 tonnes per day using Ultrafiltration Technology. Milky Mist said demand for the category has grown by more than 50% annually, while demand for high-protein yogurts has more than doubled in recent months. Strong financial performance has also supported the rally. In Q1FY27, Milky Mist’s consolidated revenue from operations rose 43.6% YoY to ₹973.45 crore, while PAT jumped 889.81% to ₹64.68 crore. EBITDA increased 74.5% to ₹144.89 crore, with the margin improving to 14.88%. The company expects the capacity expansion to improve product availability, support revenue growth and strengthen its position in India’s growing high-protein dairy market.