Heritage Foods Ltd. witnessed a significant surge in profits with a 130% increase in Q2 profits compared to the previous year. The company’s revenues also rose by 12%, driven by strong YoY revenue growth, strategic price corrections, and price hikes.

Heritage Foods shares surge on Q1 performance

Heritage Foods Consolidated June 2023 Net Sales at Rs 923.68 crore, up 12.52% Y-o-Y

Heritage Foods looks at clinching ₹6,000 crore revenue mark in three years

Procurement prices likely to soften in the next 5-6 months: Heritage Foods CEO Srideep Kesavan

Heritage Foods to invest ₹150 cr on processing plant

Food Conclave 2023: Patanjali Foods, TS Oil Fed to invest ₹2,100-cr to set up palm oil processing units

Shares of Heritage Foods have rallied more than 15 per cent in the last one month, whereas the counter is marginally up in the last six months.

Heritage Foods shares: Vijay Kedia raises stake in dairy player after 8 quarters

Heritage Foods Ltd. has announced the introduction of its new range of milk-based beverages and ice-cream to capitalise on demand for such products during the summer season.

Heritage Foods introduces beverages, ice-cream range

Heritage ‘A-One’ spiced Buttermilk and milkshakes were launched across Telangana, AP, Karnataka, TN, Delhi

Heritage Foods gears up for summer with new drink launches

✨TCI Express, Heritage Foods और IDFC समेत कौनसे #stocks रहेंगे फोकस में?

किन कंपनियों के आएंगे Q3 नतीजे?✅

जानिए #stocksinnews में...
 
 #anilsinghvi  #stockmarket  #stocksinfocus #stockstowatch 

 📺#zeebusiness 👉 bit.ly/3YqANAV



About Zee Business
--------------------------
 
Zee Business is India's Number 1 Hindi business news channel. It's your channel for profit and wealth. Watch Live coverage of Indian markets - Sensex & Nifty, also for expert insights and advise from our team of experts.
 
--------------------------------------------------------------
 
You can also visit us at:
https://goo.gl/sXWpTF
 
Like us on Facebook:
https://goo.gl/OMJgrn
 
Follow us on Twitter:
https://goo.gl/OjOzpB
 
Subscribe to our other network channels:
Zee News: https://goo.gl/XBvkjZ

Follow us on Google News for latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps : https://bit.ly/ZeeNewsApps

Stocks In News: Which stocks including TCI Express, Heritage Foods and IDFC will be in focus?

✨आज VRL Logistics, Heritage Foods और Hindustan Zinc समेत कौनसे #stocks रहेंगे फोकस में?

आज किन कंपनियों के आएंगे नतीजे?

किन खबरों के दमपर #StockMarket में दिखेगा एक्शन?✅

जानिए #stocksinnews में..
 
 #AnilSinghvi

📺#ZeeBusiness👉 https://bit.ly/3jm25sJ



About Zee Business
--------------------------
 
Zee Business is India's Number 1 Hindi business news channel. It's your channel for profit and wealth. Watch Live coverage of Indian markets - Sensex & Nifty, also for expert insights and advise from our team of experts.
 
--------------------------------------------------------------
 
You can also visit us at:
https://goo.gl/sXWpTF
 
Like us on Facebook:
https://goo.gl/OMJgrn
 
Follow us on Twitter:
https://goo.gl/OjOzpB
 
Subscribe to our other network channels:
Zee News: https://goo.gl/XBvkjZ

Follow us on Google News for latest updates

Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps : https://bit.ly/ZeeNewsApps

Stocks In News : Which stocks including VRL Logistics & Heritage Foods will be in focus?

Higher contribution from value-added products and operating leverage along with price hikes will lead to recovery in earnings

Heritage Foods: What lies ahead after a soft quarter?

Heritage Foods Standalone December 2022 Net Sales at Rs 776.85 crore, up 18.22% Y-o-Y

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 underpriced and is not in the overbought zone

Current price is less 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.