Earnings

Agro Tech Foods consolidated net profit declines 95.59% in the June 2024 quarter

#AgroTechFoods' promoter #ConAgra plans to sell entire stake in company at a deep discount to current market price.

Niraj Shah explains impact on investors, stock prices.  

Read: https://bit.ly/3wuPTMw

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Agro Tech Foods' Promoter ConAgra To Sell Entire Stake In Company At A Discount | NDTV Profit

The promoter will sell its entire stake of 51.8% at Rs 515 apiece, a discount of 48.85% to Thursday’s closing price of Rs 1,006.95.

Agro Tech Foods: Promoter Stake Sold At Discount. Are Minority Shareholders Short-Changed?

Agro Tech Foods Consolidated June 2023 Net Sales at Rs 187.34 crore, up 0.55% Y-o-Y

Agro Tech Foods Standalone June 2023 Net Sales at Rs 186.87 crore, up 0.35% Y-o-Y

Agro Tech Foods Consolidated March 2023 Net Sales at Rs 201.98 crore, down 5.03% Y-o-Y

Agro Tech Foods Standalone March 2023 Net Sales at Rs 201.64 crore, down 5.13% Y-o-Y

Agro Tech Foods consolidated net profit rises 1.34% in the December 2022 quarter

Kohinoor Foods Ltd, JTL Industries Ltd, TVS Electronics Ltd and Agro Tech Foods Ltd are among the other gainers in the BSE’s ‘B’ group today, 18 January 2023.

TPL Plastech Ltd leads gainers in ‘B’ group

Agro Tech Foods Consolidated September 2022 Net Sales at Rs 236.50 crore, down 6.11% Y-o-Y

Agro Tech Foods consolidated net profit rises 269.59% in the March 2022 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Agro Tech Foods Limited is engaged in the business of marketing food and food ingredients. The company's product offering edible oils and sprays; snacks; soups, puddings and desserts; spreads, and meals and meal enhancers.