Thursday, 16 March 2017


Heritage Foods on the Thursdays’ trade witnessed a huge jump by over 3% as the company announced that it has commissioned first cattle feed plant in Andhra Pradesh. The company in a notification to the exchanges also said that the commissioning of the plant was possible due to support from several vendors and the Heritage team.

This plant will provide quality nutrient cattle feed to farmers for improvement of their cattle and also their living. The stocks in a period of one year have delivered 105% returns and have underperformed the BSE Small Cap and BSE FMCG indices over the same time span. Heritage Foods Ltd is currently trading at Rs 1095.5, up by Rs 15.95 or 1.48% from its previous closing of Rs 1079.55 on the BSE.

The scrip opened at Rs 1090 and has touched a high and low of Rs 1122.4 and Rs 1084.05 respectively. So far 46808(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2504.56 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 1173.85 on 13-Feb-2017 and a 52 week low of Rs 492.75 on 11-Apr-2016. Last one week high and low of the scrip stood at Rs 1112.5 and Rs 1075 respectively. The promoters holding in the company stood at 39.9 % while Institutions and Non-Institutions held 12.65 % and 47.44 % respectively. The stock is currently trading above its 50 DMA.

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