Stock of this packaged foods company has zoomed 208% in six months

The company is one of India's most diversified contract manufacturers of fast moving consumer goods (FMCG)

Shares of Hindustan Foods hit a new high of Rs 2,286, rallying 10 per cent on the BSE in intra-day trade on Friday in otherwise weak market. In the past one week, the stock of packaged foods company has gained 24 per cent after reporting the highest quarterly revenues and profit after tax (PAT) in its history for the quarter ended December 2020 (Q3FY21).

In the past three months, the Hindustan Foods' stock has zoomed 152 per cent, as compared to 17 per cent rise in the S&P BSE Sensex. In the last six months, the stock has soared