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Heritage Foods spurts on commissioning 2.1 MW Wind Power Project in Andhra Pradesh

28 Mar 2016 Evaluate

Heritage Foods is currently trading at Rs 520.00, up by 2.75 points or 0.53% from its previous closing of Rs 517.25 on the BSE.

The scrip opened at Rs. 526.25 and has touched a high and low of Rs. 526.25 and Rs. 518.25 respectively. So far 834 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 594.00 on 12-Jan-2016 and a 52 week low of Rs. 280.00 on 08-May-2015.

Last one week high and low of the scrip stood at Rs. 529.75 and Rs. 515.00 respectively. The current market cap of the company is Rs. 1213.31 crore.

The promoters holding in the company stood at 39.90% while Institutions and Non-Institutions held 8.70% and 51.40% respectively.

Heritage Foods has commissioned its first Wind Power Plant 2.1 MW Capacity at Chinahothur Village, Vajrakarur Mandal, Ananthapur District in Andhra Pradesh on March 27, 2016 for captive consumption. This Plant is expected to generate 5 Million Units per annum to be utilized/consumed at Gokul Dairy Plant and Chittoor Dairy Plant of the Company under captive open access arrangement through APTRANSCOM / APSPDCL. It's S90-97 90 Meters Hub Height potential to generate more Elect Units than regular WEGs one of the latest generation technology available in Indian Wind Power Market.

The successful commissioning has largely been possible due to the unstinted efforts of Suzlon Group Company. The professional approach helped the company to achieve the plant commissioning within 90 Days and connected to AP TRANSCO 33KV Pooling Sub Station at Vajrakarur Ananthapur, Andhra Pradesh. The Plant will be maintained by Suzlon Group Company for initial period of 10 Years.

Heritage Foods Share Price

359.10 3.65 (1.03%)
17-Apr-2026 16:59 View Price Chart
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