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Hindustan Foods informs about update

30 Apr 2022 Evaluate

With reference to its earlier communication dated 22nd December 2020, Hindustan Foods has informed that the HFL Consumer Products, ('HCPPL'), a Wholly Owned Subsidiary of the Company, has made its first commercial dispatch from its newly completed food and beverages manufacturing facility near Lucknow in Uttar Pradesh. The capex was funded through a combination of internal accruals and debt. The HCPPL expects to ramp up this facility within the next couple of months and is also exploring the possibility of expanding the capacity further.

The above information is a part of company’s filings submitted to BSE. 

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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