Heritage Foods lost 0.61% to Rs 490 at 14:52 IST on BSE, amid volatility after consolidated net profit rose 107.86% to Rs 11.37 crore on 14.05% growth in total income from operations to Rs 582.58 crore in Q3 December 2015 over Q3 December 2014.
The result was announced during market hours today, 21 January 2016.Meanwhile, the S&P BSE Sensex was down 78.88 points or 0.33% at 23,983.16.
On BSE, so far 21,000 shares were traded in the counter as against average daily volume of 18,945 shares in the past one quarter. The stock was volatile. The stock lost as much as 2.63% at the day's low of Rs 480 so far during the day. The stock rose as much as 3.54% at the day's high of Rs 510.50 so far during the day. The stock had hit a record high of Rs 594 on 12 January 2016. The stock had hit a 52-week low of Rs 280 on 8 May 2015. The stock had underperformed the market over the past one month till 20 January 2016, sliding 14.67% compared with Sensex's 5.71% fall. The scrip had, however, outperformed the market in past one quarter, surging 6.85% as against Sensex's 11.88% fall.
The small-cap company has equity capital of Rs 23.20 crore. Face value per share is Rs 10.
Heritage Foods operates in dairy, retail, agri, bakery and renewable energy segments.
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