Heritage Foods loses grip by over 5%
DSIJ Intelligence / 11 Aug 2017
The stock of Heritage Foods lost its momentum during the early morning hours on Friday, on the BSE. It declined over 5% and was trading at Rs 1,165.20 per share, down by Rs 65.35 or 5.31% as at 1042 hours.
The stock of Heritage Foods lost its momentum during the early morning hours on Friday, on the BSE. It declined over 5% and was trading at Rs 1,165.20 per share, down by Rs 65.35 or 5.31% as at 1042 hours.
Heritage Foods in its board meeting on Thursday approved sub-division of the existing one equity share of the company of face value of Rs 10 each into two equity shares of face value of of Rs 5 each, the company said in a BSE filing on Thursday.
The company posted a lower profit of Rs 10.37 crore for the first quarter ended June 30, 2017 as against a profit of Rs 17.10 crore for the corresponding quarter last year.
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