Shares of LT Foods Ltd have rallied nearly 460% in the last three years. The small cap stock, which closed at Rs 20.35 on May 11, 2020 rose to a high of Rs 114 on the BSE today, amounting to a rally of 460.19% during the period. An amount of Rs 1 lakh invested in the shares of LT Foods three years ago would have turned into Rs 5.6 lakh today. In comparison, Sensex has risen 97 per cent during the period. In the current session, LT Foods stock rose 4.73% to Rs 113.95 today against the previous close of Rs 108.80 on BSE. Earlier, the stock opened lower at Rs 107.70 on BSE. It hit a 52 week low of Rs 66.50 on June 20, 2022 and a 52 week high of Rs 135.85 on October 28, 2022.
Read more about LT Foods stock gains over 2% after ratings upgrade on bank loan facilities on Business Standard. The credit ratings agency said that the upgrade reflects continuous improvement in group s business and financial risk profiles
Nature Bio Foods BV, a subsidiary of LT Foods acquires 30% stake in Leev, Netherlands
Leev.nu is a Netherlands based Organic Specialty Food Company with a range of organic breakfast products, baking mixes, healthy snacks and other super foods January 20, 2021 4:26 IST | India Infoline News Service
LT Foods Limited announced the acquisition of 30% stake in Leev.nu through its fellow subsidiary Nature Bio Foods BV (NBF B.V.), with an option to acquire a further 21% stake at the end of 5 years. Nature Bio Foods Limited (NBF), the subsidiary of LT Foods has established itself as a responsible and dependable organic product and ingredient supplier across the globe.