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Hindustan Foods inks pact with Ponds Exports

16 Dec 2016 Evaluate

Hindustan Foods has entered into an agreement for buying certain movable assets and stocks in respect of the leather business of Ponds Exports, a subsidiary of Hindustan Unilever. This marks the entry of Hindustan Foods in the Leather shoes exports space with a global clientele.

Hindustan Foods manufactures high quality cereal based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks.

Peers
Company Name CMP
Grasim Industries 3173.00
DCM Shriram 977.20
3M India 34561.90
Hindustan Foods 618.85
Balmer Lawrie & Co 164.30
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