Mukka Proteins Share Price Surges 20% After JV Wins ₹474-Crore Waste Management Order

Mukka Proteins share price jumped to the 20% upper circuit at ₹30.25 on the BSE after its joint venture (JV) secured a ₹474-crore order from Bengaluru Solid Waste Management Limited. The news drove strong buying interest in early morning trading.

Mukka Proteins Share Price Performance 

Mukka Proteins share price (NSE: MUKKA) is trading at ₹27.99, up 10.98% as of 10:16 am on December 4. The stock opened at ₹27.60 and moved between a high of ₹30.26 and a low of ₹27.55 during the session. The company has a market capitalisation of ₹840.94 crore and a P/E ratio of 17.74. It currently does not offer a dividend yield. Over the past year, the stock has touched a 52-week high of ₹43.94 and a 52-week low of ₹23.80.

Details of the ₹474-Crore JV Contract

The JV with Hardik Gowda and MS Jathin Infra will carry out the treatment and disposal of legacy leachate at Mittaganahalli and Kannur landfill sites.

The work order, dated December 3, 2025, is worth ₹4,74,89,14,500, excluding GST. The project is expected to be completed within four years, or earlier if the entire leachate is processed before that.

Also Read, Best Long-Term Stocks in Dec 2025!

About Mukka Proteins

Mukka Proteins is a leading animal protein company, known for producing fish meal, fish oil, fish soluble paste, and newer alternatives like black soldier fly (BSF) insect meal. The Mukka Group is one of the earliest pioneers in India’s fishmeal industry and runs one of the first steam-sterilised fishmeal plants. The company places strong emphasis on talent development, offering a supportive work environment that promotes growth and performance. Mukka Proteins is also among the first in the industry to receive EU certification and holds approval from the Chinese AQSIQ.

Conclusion

The major contract win has boosted investor confidence, driving Mukka Proteins’ stock sharply higher. With its strong industry position, certifications, and expanding capabilities, the company is well-placed to benefit from growing demand in the animal protein and waste management sectors.

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