Mangalam Global Enterprise soars on incorporating wholly owned subsidiary in UAE [Agriculture]
AI Summary1 min read
TL;DR
Mangalam Global Enterprise's stock price rose after establishing a wholly owned subsidiary in the UAE. The company specializes in manufacturing castor oil products and cotton goods for global markets.
Tags
AgricultureMangalam Global EnterpriseUAE subsidiaryagriculturecastor oilstock surge
Mangalam Global Enterprise was set up by Ahmedabad based Mangalam group. It is mainly engaged in the business of manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and international markets. Apart from this, it also manufactures Delineate Cotton Seeds and Cotton Bales (Lint Cotton). Mangalam Global also involved in the trading business of Raw Cotton and Castor Seeds.