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LT Foods jumps as its JV inaugurates manufacturing facility in Sonipat

LT Foods Ltd. | Consumer Food | FMCG | BSE: 532783 | NSE: LTFOODS

27 Dec 2019 Evaluate

LT Foods is currently trading at Rs. 22.20, up by 1.20 points or 5.71% from its previous closing of Rs. 21.00 on the BSE.

The scrip opened at Rs. 21.15 and has touched a high and low of Rs. 22.50 and Rs. 21.10 respectively. So far 35686 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 45.30 on 02-Jan-2019 and a 52 week low of Rs. 18.00 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 22.50 and Rs. 19.75 respectively. The current market cap of the company is Rs. 706.86 crore.

The promoters holding in the company stood at 56.17%, while Institutions and Non-Institutions held 9.43% and 34.40% respectively.

LT Foods and Kameda Seika’s JV -- Daawat Kameda India has inaugurated a manufacturing facility in Sonipat on December 27, 2019. Based on changing consumer needs and preferences and the demand for tasty and healthy snacks, the company has ventured into the premium snacks category in India with its rice based snacks ‘Kari Kari’. Post the successful test launch of the rice based snacks ‘Kari Kari’ in Delhi-NCR, Mumbai and Bangalore across Modern Trade stores, the JV Company will now manufacture the rice based snacks in India through this manufacturing facility in Sonipat.

The JV company will manufacture ‘Kari Kari’ from locally sourced ingredients & raw materials and will now be expanding its distribution pan India.

LT Foods is a branded specialty foods company. It is engaged in milling, processing and marketing of branded and non-branded basmati rice, and manufacturing of rice food products in the domestic and overseas market.

LT Foods Share Price

406.35 -3.85 (-0.94%)

13-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Varun Beverages	430.45
Nestle	1226.75
Britannia Inds	5586.85
LT Foods	406.35
Hatsun Agro Product	911.15
View more..

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LT Foods jumps as its JV inaugurates manufacturing facility in Sonipat

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