LT Food is currently trading at Rs. 66.90, up by 0.85 points or 1.29% from its previous closing of Rs. 66.05 on the BSE.
The scrip opened at Rs. 67.10 and has touched a high and low of Rs. 67.70 and Rs. 66.70 respectively. So far 44,000 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. 68.45 and Rs. 63.25 respectively. The current market cap of the company is Rs. 1,784.52 crore.
The promoters holding in the company stood at 67.16%, while Institutions and Non-Institutions held 3.30% and 29.54% respectively.
LT Food’s subsidiary - LT Foods Americas is inaugurating Ready to Heat (RTH) facility in Houston to manufacture Organic Ready to Heat rice products. The rationale for setting the facility is to diversify and take lead in this growing segment.
Recently, the company had launched premium rice based snacks under the brand ‘KARI KARI’, in joint venture with Kameda Seika under the company named as Daawat Kameda India.
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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