Ganesh Consumer Products shares rise; discloses promoter stake buy

Shares of Ganesh Consumer Products Limited were trading higher on Thursday. The company disclosed that its promoter and Managing Director Manish Mimani purchased 2,95,314 equity shares through open market transactions on the NSE on March 31, 2026.

As of 12.28 PM, the stock was trading at ₹174.51, up 0.11 per cent from its previous close of ₹174.32, after touching an intraday high of ₹177.38. The stock opened at ₹173.50 and has seen a traded volume of 0.78 lakh shares with a traded value of approximately ₹1.36 crore so far in the session. Total market capitalisation stands at ₹705.25 crore.

The disclosure, filed under Regulation 7(2) of SEBI’s Prohibition of Insider Trading Regulations, 2015, revealed that Mimani’s stake rose to 5.74 per cent, while overall promoter and promoter group holding increased from 64.08 per cent to 64.81 per cent following the transaction valued at approximately ₹4.99 crore.

Despite today’s mild uptick, the stock remains under pressure on a broader timeframe. It has declined roughly 22.93 per cent year-to-date and sits well below its 52-week high of ₹309.95 touched on October 6, 2025. The 52-week low of ₹152.00 was recorded as recently as March 16, 2026.

The Kolkata-based packaged staple food company, listed on NSE and BSE on September 29, 2025, operates seven manufacturing plants with a combined daily capacity of approximately 1,432 MT. It is the largest player in wheat-based products in Eastern India under its flagship “Ganesh” brand. Order flow currently shows a marginal sell-side tilt at 51.92 per cent versus 48.08 per cent on the buy side.

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