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Shares of Shah Foods may remain under pressure, as the company said Britannia Industries has terminated the job work contract from June 30, 2019. Shah Foods said it has approached the concerned officials of Britannia and is trying hard to renew/continue the job work contract. Shareholders would be keenly watching the development, as Britannia is its principle customer. For FY18, the biscuit manufacturing company had posted a profit of ₹12 lakh and revenues of ₹5.39 crore.
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