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Hindustan Foods shines on bagging orders from two new customers

07 Jul 2017 Evaluate

Hindustan Foods is currently trading at Rs. 176.30, up by 16.00 points or 9.98% from its previous closing of Rs. 160.30 on the BSE.

The scrip opened at Rs. 174.00 and has touched a high and low of Rs. 176.30 and Rs. 173.00 respectively. So far 2256 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 228.80 on 06-Feb-2017 and a 52 week low of Rs. 91.40 on 08-Jul-2016.

Last one week high and low of the scrip stood at Rs. 176.30 and Rs. 150.00 respectively. The current market cap of the company is Rs. 1480.26 crore.

The promoters holding in the company stood at 60.40%, while public held 39.60% stake.

Hindustan Foods has successfully bagged orders from Reliance Brands and Arvind Lifestyle Brands for manufacturing and supply of Leather shoes.

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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