Five entities on Wednesday sold an 11 per cent stake in FMCG firm Hindustan Foods for Rs 638 crore through open market transactions.

Five entities sell 11% stake in FMCG firm Hindustan Foods for Rs 638 crore

Shivalik Bimetal Controls Ltd, Hindustan Foods Ltd, CESC Ltd and Orient Cement Ltd are among the other gainers in the BSE’s ‘A’ group today, 26 June 2024.

India Cements Ltd leads gainers in ‘A’ group

At least 30 lakh shares, or 11% equity, changed hand in multiple large trade, according to Bloomberg. The trade was conducted at Rs 502 apiece. Sellers and buyers were not known immediately.

Hindustan Foods Shares Jump 14% After Multiple Large Trades

Hindustan Foods share price: The counter’s 14-day relative strength index (RSI) came at 59. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company’s stock has a price-to-earnings (P/E) ratio of 90.32. It has a price-to-book (P/B) value of 15.65.

Hindustan Foods shares jump 15% amid heavy volumes; here’s what tech charts hint

Hindustan Foods Consolidated March 2023 Net Sales at Rs 659.70 crore, up 13.46% Y-o-Y

Among all listed companies in India, Pidilite & Hindustan Foods are the only 2 companies that have given positive returns every year in the last 10 years. The year 2014 was the best year for both these stocks with Hindustan Foods posting a return of 211% and Pidilite gaining 90%. Hindustan Foods delivered 100%+ annual returns in 5 out of 10 years. In fact, this year the company has significantly managed to outperform the benchmark indices. On the other hand, Pidilite posted a return of 50%+ twice in the last 10 years. But this year, Pidilite underperformed benchmark indices. What are some of the factors driving these consistent positive returns? Listen in to what Vamakshi Dhoria has to say.
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What’s interesting about Pidilite & Hindustan Foods? | ET NOW | Business News

Stock of Hindustan Foods hit upper circuit of 5% at Rs 730.60 against the previous close of Rs 695.85 on BSE. The stock opened higher at Rs 721

Hindustan Foods to acquire Dettol maker’s Baddi unit, stock hits upper circuit

West Coast Paper Mills Ltd, Hindustan Foods Ltd, Eveready Industries India Ltd and Ingersoll-Rand (India) Ltd are among the other losers in the BSE’s ‘A’ group today, 28 November 2022.

Dish TV India Ltd leads losers in ‘A’ group

Hindustan Foods rose 9.16 per cent to hit a high of Rs 610 on BSE. With this, the stock is up 57 per cent year-to-date

Smallcap Hindustan Foods jumps 9% today, 30% in 6 days. Here’s why

Hindustan Foods Ltd, Brightcom Group Ltd, Force Motors Ltd and Ircon International Ltd are among the other gainers in the BSE’s ‘A’ group today, 14 November 2022.

Fortis Healthcare Ltd leads gainers in ‘A’ group

Hindustan Foods Ltd, Zomato Ltd, Apar Industries Ltd and Info Edge (India) Ltd are among the other gainers in the BSE’s ‘A’ group today, 11 November 2022.

FSN E-Commerce Ventures Ltd leads gainers in ‘A’ group

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

Hindustan Foods is a manufacturer of nutritional food products