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LT Foods surges as Raghuvesh Holdings acquires 715,250 equity shares in company

16 Mar 2020 Evaluate

LT Foods is currently trading at Rs. 17.25, up by 0.50 points or 2.99% from its previous closing of Rs. 16.75 on the BSE.

The scrip opened at Rs. 17.00 and has touched a high and low of Rs. 17.80 and Rs. 16.70 respectively. So far 57860 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 40.40 on 28-Mar-2019 and a 52 week low of Rs. 13.00 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 22.20 and Rs. 13.00 respectively. The current market cap of the company is Rs. 553.33 crore.

The promoters holding in the company stood at 56.17%, while Institutions and Non-Institutions held 8.07% and 35.76% respectively.

Raghuvesh Holdings Private (PAC - Person Acting in Concert with acquirer) has purchased 715,250 equity shares of LT Foods through open market purchase on March 13, 2020. Prior to this purchase, the PAC's stake in the company was 176,425,022 shares (55.15%) and pledge shares were 4,430,000 (1.39%) which totals to 180,855,022 shares (56.54%).

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

422.10 2.90 (0.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Varun Beverages 474.05
Nestle 1285.65
Britannia Inds 5733.75
LT Foods 422.10
Hatsun Agro Product 979.20
View more..

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