Foods & Inns is currently trading at Rs. 90.95, up by 0.50 points or 0.55% from its previous closing of Rs. 90.45 on the BSE.
The scrip opened at Rs. 92.85 and has touched a high and low of Rs. 97.90 and Rs. 88.35 respectively. So far 65581 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 98.00 on 18-Nov-2021 and a 52 week low of Rs. 46.80 on 22-Dec-2020.
Last one week high and low of the scrip stood at Rs. 91.50 and Rs. 83.40 respectively. The current market cap of the company is Rs. 458.58 crore.
The promoters holding in the company stood at 45.21% and Non-Institutions held 54.79%.
Foods & Inns has received approval from the Government of India under Production Linked Incentive (PLI) scheme – category 1 Fruits and Vegetables. Under which the company has to invest and grow its sales by a minimum of 10% CAGR (Maximum cap for incentives at 15% CAGR of Sales) to receive the incentives on a yearly basis from FY’21-22 to FY’26-27 with the base year sale being FY’19-20.
Foods & Inns is a leading internationally reputed manufacturer and exporter of fruit pulp and concentrates in canned and aseptic packing, frozen pulp and vegetables, fruit powders etc.
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