Furthermore, according to the quarterly results, the net sales increased by 17.54 per cent to Rs 67 crore and the net profit skyrocketed by 167 per cent to Rs 10 crore in Q1FY24 compared to Q1FY23. 

These block deals reflect a surge in investor interest in MMTC Ltd, and the substantial trading volumes could potentially influence the stock's performance in the market.

The broader market sentiment remains positive, with 2286 stocks advancing and 1052 stocks declining, indicating an optimistic market outlook.

The company has a market cap of Rs 551.29 crore. In H2FY23, the net sales increased by 179 per cent to Rs 67 crore compared to H2FY22. The company reported a net profit of Rs 6 crore in H2FY23.

Shares of the company have jumped more than 130 per cent in the last six months.

Additionally, the company is making a big bang expansion in the Chinese market with KINGS RISHFU brand shrimps. Kings Infra is enlarging its footprint in the Chinese market in association with the Shanghai-based Shanghai RSF Trading Company Limited. 

According to the quarterly results, net sales increased by 112.86 per cent and stood at Rs 112.38 crore, operating profit increased by 180.41 per cent to Rs 21.90 crore and net profit increased by 125.35 per cent to Rs 16.67 crore in Q1FY24 compared to Q1FY23. The company has a market cap of over Rs 2,100 crore and reported positive numbers in its annual results.

According to the financials, the company has a market cap of over Rs 500 crore and has delivered good profit growth of 37.9 per cent CAGR over the last 5 years. Additionally, the company has reported amazing numbers in its quarterly results and annual results.

According to the quarterly results, the net sales increased by 8.06 per cent to Rs 3,915 crore and net profit increased by 34.10 per cent to Rs 814 crore in Q1FY24 compared to Q1FY23. The net sales increased by 9.37 per cent to Rs 26,927 crore and the net profit increased by 14.25 per cent to Rs 5,828 crore in FY23 compared to FY22.  

The Government of India still owns a 74 per cent stake in the company after its IPO in 2018. The open order position of MIDHANI as of date is Rs 1622.50 crore.