Heritage Foods is currently trading at Rs. 357.00, up by 3.10 points or 0.86% from its previous closing of Rs. 353.95 on the BSE.
The scrip opened at Rs. 359.95 and has touched a high and low of Rs. 359.95 and Rs. 346.05 respectively. So far 6559 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 409.80 on 24-Sep-2019 and a 52 week low of Rs. 146.70 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 359.95 and Rs. 335.00 respectively. The current market cap of the company is Rs. 1616.74 crore.
The promoters holding in the company stood at 39.90%, while Institutions and Non-Institutions held 19.03% and 41.07% respectively.
Heritage Foods has received approval to sell/dispose off in part/total of 1,78,47,420 equity shares of Future Retail and 8,92,371 equity shares of Praxis Home Retail held by the company, in one or more tranches through Open Market/appointed merchant banker/one or more buyer. The Board of Directors of the company at its meeting held on September 11, 2020 has approved the same.
Heritage Foods (India) operates three divisions namely Dairy, Retail and Agri. Presently, Heritage’s milk products have market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharastra and has retail stores across Bangalore, Chennai and Hyderabad.
