Post strong price performance over the past three months, the brokerage revises its rating to Add from Buy with DCF-based revised target price of Rs 610 (implied P/E of 21 times FY26E).

Heritage Foods Q1 Review - Strong Margin Expansion Led By Lower Milk Procurement Prices: ICICI Securities

Heritage Foods was locked in an upper circuit of 5% at Rs 574.70 after its consolidated net profit zoomed to Rs 58.43 crore in Q1 FY25 as against Rs 16.74 crore recorded in Q1 FY24.

Heritage Foods hits the roof as Q1 PAT zooms to Rs 58 crore

Heritage Foods consolidated net profit rises 249.04% in the June 2024 quarter

Upcoming results: Bajaj Finance, DCM Shriram, Heritage Foods, Hindustan Unilever, ICICI Prudential, ICRA, Indoco Remedies, ICICI Securities, Kajaria Ceramics, Mahindra and Mahindra Financial Services, Schaffler India, Sharda Cropchem, SRF, Steel Strips Wheels, Thyrocare Technologies, Torrent Pharmaceuticals, and United Spirits.

Stock Alert: Reliance Industries, Cyient DLM, Zensar Tech, Suzlon Energy, Federal Bank, Gensol Engineering

Here are the earnings estimates of major companies that are scheduled to announce their results on Tuesday.

HUL, Bajaj Finance, Heritage Foods To Post Q1 Results Today — Earnings Estimates

Through this, the company will be following in the footsteps of other listed players including Hatsun Agro Product, Heritage Foods, Parag Milk Foods, and Dodla Dairy

Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr

In Odisha, Heritage launched its products about six to nine months back

Dairy firm Heritage Foods looks East in line with pan-India ambition

Wardwizard Innovations & Mobility Ltd, Nova Agritech Ltd, KBC Global Ltd and Heritage Foods Ltd are among the other losers in the BSE’s ‘B’ group today, 12 June 2024.

Indian Metals & Ferro Alloys Ltd leads losers in ‘B’ group

The stock price of Heritage Foods had doubled in mere 12 trading sessions. On June 4, DSP Small Cap Fund sold 1.035 million or 1.12 per cent stake in Heritage Foods via open market.

Dream run halted; Heritage Foods stock hits second straight lower circuit

Sagar Cements Ltd, Heritage Foods Ltd, Ashoka Metcast Ltd and Bodhi Tree Multimedia Ltd are among the other losers in the BSE’s ‘B’ group today, 11 June 2024.

K C P Ltd leads losers in ‘B’ group

Heritage Foods Stock Boosts Wealth Of The TDP Family By 1225 Cr; Details

The family of Chandrababu Naidu witnessed a major rise in wealth as Heritage Foods shares saw a surge of over 105% in just 12 trading sessions.

 His family's fortune has increased to ₹1,225 crore as Heritage Foods shares hit a fresh 52-week high of ₹727.9 on the BSE. Heritage Foods stock has seen a surge following Chandrababu Naidu’s win in the assembly elections in which he defeated YSRCP's Jagan Mohan Reddy. 

#heritagefoods #bse #nse #stockmarket #sharemarket #sharemarketnews #stockmarketnews #stocktrading #tdp #chandrababunaidu #chandrababu #naidu #andhrapradesh #telangana 

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Chandrababu Naidu's Heritage Foods Stock Boosts Family's Wealth By ₹1,225 Crore

Price return has been average, nothing exciting

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

Heritage Foods Limited, formerly Heritage Foods (India) Ltd., is a fast-moving consumer goods (FMCG) company. The Company's segments are Dairy, Retail, Agri, Bakery and Renewable Energy.