Kothari Fermentation -; Biochem to launch its new product Yeast Extract Powder and Mono Oligo Saccharides; Stock jumps 4%

13 Jan 2022 , 09:46 AM

Kothari Fermentation and Biochem Limited has announced that the company is in the process of launching its new product Yeast Extract Powder and Mono Oligo Saccharides (Mannan and Beta Glucan).

This product is mainly used in Pharmaceutical sector and also suitable for food and food stuff, dietary foods, beverages, soups, seasonings, low calorie food, Nutritional filler, Microbial growth media, Fermentation substrate Biotech, Biotech Research, etc.

The Company has done forward integration of value added product and established the new Yeast Extract Power plant having the production capacity of 150 MT per month and 100 MT of Mono Oligo Saccharides (cell wall) Per month, in its factory situated at Sikandrabad, Distt. Bulandshahr, Uttar Pradesh.

On Thursday at around 9:47 AM, Kothari Fermentation & Biochem was trading at Rs78 per piece up by 4.14% on the BSE.