Bikaji Foods International Ltd. Share Price

Bikaji Foods shares rebound 7% after CEO reaffirms

Bikaji Foods - Reversal expected, strong support

FROM MUDDY PONDS TO PREMIUM SNACKS: THE MAKHANA STORY

Imagine starting with a muddy pond, thorny plants and a handful of seeds. That is where the makhana journey begins. Farmers prepare shallow water fields, sow seeds and wait months. By August, the real struggle starts. Workers enter thorn-filled water, collect seeds manually from the bottom and clean them one by one. Then comes the transformation. The black seeds are dried, graded, roasted and finally struck with wooden hammers. One by one, they burst into the white, crunchy makhana we see on supermarket shelves. But the bigger story is not just production. It is premiumisation. For generations, makhana was largely sold loose in local markets. Around 2017–18, modern branding, flavours and packaging started changing its image. A traditional food gradually became a modern “healthy snacking” product. The result? The average domestic price reportedly moved from roughly ₹500/kg in 2020 to around ₹1,250/kg in 2025. That means the opportunity is not simply about selling MORE makhana. It is about selling better-graded, flavoured, packaged and branded makhana. For investors, this creates an interesting theme to study across the Indian consumer ecosystem. 📌 NIFTY 500 STOCKS TO STUDY: • Bikaji Foods International – branded ethnic snacks and expanding packaged-food portfolio !bikaji • Tata Consumer Products

BIKAJI FOODS: EXPANDS GLOBAL FOOTPRINT WITH NEPAL JV & UAE SUBSIDIARY 🌍🥨 • 🇳🇵 Approved investment of up to ₹15 crore in CG Bikaji Pvt. Ltd., a 50:50 joint venture with Nepal's C.G. Savory Corp to manufacture and market snacks and packaged foods in Nepal • 🤝 JV will leverage Bikaji's brand and CG's local expertise to strengthen presence in the Nepal FMCG market • 🇦🇪 Approved incorporation of a wholly owned subsidiary in Abu Dhabi (UAE) to strengthen international supply chain and expand Middle East operations • 💼 Approved grant of 1 lakh ESOPs to eligible employees under the ESOP Scheme 2021 🟢 Impact: Positive (Expansion into Nepal and the Middle East supports Bikaji's international growth strategy and strengthens its global presence.)

APEDA Facilitates Landmark Makhana Export from Bihar to Canada, Boosting Farm Returns

The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated Bihar's first-ever sea shipment of value-added, flavoured makhana (fox nuts) to Canada. Flagged off from Darbhanga on July 29, 2026, the 7-metric-tonne consignment was processed by Nutrivin Agro Private Limited in compliance with international safety standards and routed to ZKV Foods through Mundra Port. APEDA Chairman Abhishek Dev highlighted that this landmark export demonstrates Bihar's rising strength in food processing, branding, and export-driven manufacturing, driven by joint efforts across the agricultural value chain. As India's primary makhana producer, Bihar is capitalizing on a surging global appetite for healthy packaged snacks. The Ministry of Commerce & Industry noted that shifting to value-added makhana products has boosted farm-gate returns by over 50%, significantly elevating income potential for local farmers and processors. Moving forward, APEDA plans to continue reinforcing Bihar's position as an agri-export power by enhancing market linkages, export infrastructure, and quality standards alongside state authorities and local producer groups.

Bikaji Foods continues to respect a well-defined rising trendline, keeping the broader uptrend intact despite recent consolidation. The trendline has repeatedly attracted buyers, making the current zone an important support to watch. As long as this support holds, the stock retains the potential to resume its upward trend.