LT Foods is currently trading at Rs. 64.00, up by 1.20 points or 1.91% from its previous closing of Rs. 62.80 on the BSE.
The scrip opened at Rs. 63.60 and has touched a high and low of Rs. 64.60 and Rs. 63.60 respectively. So far 41496 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.70 on 23-May-2017 and a 52 week low of Rs. 21.11 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 65.30 and Rs. 61.65 respectively. The current market cap of the company is Rs. 1701.83 crore.
The promoters holding in the company stood at 67.16%, while institutions and non-institutions held 3.30% and 29.54% respectively.
LT foods has received an approval for raising of funds including by issuance of securities for an aggregate sum not exceeding Rs 500 crore, by way of a public and/or private offering, and/or on a preferential allotment basis including but not limited by way of a Qualified Institutions Placement (QIP) or various other modes of fund raising in one or more tranches on such terms and conditions as may be decided by the Capital Raising Committee of the Board of Directors. The Board of Directors of the Company at their meeting held on October 03, 2017, has approved the same.
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.
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