HERITAGE FOOD Share Price Down by 6%; BSE 500 Index Up 0.6%
October 5, 2020 09:20 AM

HERITAGE FOOD share price has plunged 6% and is presently trading at Rs 305.

Meanwhile, the BSE 500 Index is at 15,134 (up 0.6%).

Among the top losers in the BSE 500 Index today is HERITAGE FOOD (down 6.1%).

ITI LTD (up 7.4%) and VST INDUSTRIES (up 5.5%) are among the top gainers today.

Over the last one year, HERITAGE FOOD has moved down from Rs 384 to Rs 305, registering a loss of Rs 79 (down 20.6%)..

The BSE 500 has moved up from 14,810 to 15,134, registering a gain of 324 points (up 2.2%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 1222.3%), LAURUS LABS LTD (up 271.7%) and GRANULES INDIA (up 268.5%).

What About the Benchmark Indices?

The BSE Sensex is at 38,957 (up 0.7%). The top gainers among the BSE Sensex stocks today are TCS (up 3.9%). The most traded stocks in the BSE Sensex are BAJAJ FINANCE and SBI.

In the meantime, NSE Nifty is at 11,488 (up 0.6%). TCS (up 3.8%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,667 to 38,957, registering a gain of 290 points (up 0.75%).

HERITAGE FOOD Financial Update...

HERITAGE FOOD net profit down at Rs 2 billion for the quarter ended March 2020, compared to a loss of Rs 119 million a year ago. Net Sales declined 2.9% to Rs 6.5 billion during the period as against Rs 6.7 billion in January-March 2019.

For the year ended March 2019, HERITAGE FOOD reported 32.6% increase in net profit to Rs 832.0 million compared to net profit of Rs 628.0 million during FY18.

Revenue of the company grew 6.0% to Rs 25 billion during FY19.

The current Price to earnings ratio of HERITAGE FOOD, based on rolling 12 month earnings, stands at down 4.2x.