LT Foods is currently trading at Rs. 67.90, up by 3.55 points or 5.52% from its previous closing of Rs. 64.35 on the BSE.
The scrip opened at Rs. 65.90 and has touched a high and low of Rs. 68.75 and Rs. 65.10 respectively. So far 1,79,438 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.70 on 23-May-2017 and a 52 week low of Rs. 21.11 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 70.45 and Rs. 64.05 respectively. The current market cap of the company is Rs. 1,811.20 crore.
The promoters holding in the company stood at 67.19%, while Institutions and Non-Institutions held 2.35% and 30.46% respectively.
LT Foods is inaugurating rice plant at Rotterdam, Netherlands in Europe with an initial processing capacity of 60,000 tonnes on June 28, 2017. The company would be manufacturing a wide range of rice including popular varieties like Basmati, Thai, Jasmine and American rice from the new plant.
LT Foods is one of the country’s leading processor and exporter of packaged rice foods under the flagship brand “Daawat”. The brand is among the top players in the domestic branded Basmati Rice markets.
