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Business Standard
Hindustan Foods shares rise 4% on plans to merge promoter owned entity
Hindustan Foods share price jumped 3.90 per cent at Rs 678 per share on the BSE in the early hours of trade on Wednesday
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Wed, Sep 25, 2024
CNBC TV18
Hindustan Foods merges promoter-owned Nashik facility with eye on growth
The merged entity, Avalon Cosmetics Private Ltd, had acquired a plant which produces 5,000 tonnes of soups, meal-makers, energy beverages, and other dry powder products annually, supplying to various FMCG companies across India. Shares of Hindustan Foods Ltd ended at ₹648.10, down by ₹14.10, or 2.13%, on the BSE.
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Tue, Sep 24, 2024