LT

Foods Enters into new segment

Foods is currently trading at Rs. 404.55, down by 29.35 points or 6.76% from its previous closing of Rs. 433.90 on the BSE. The scrip opened at Rs. 420.00 and has touched a high and low of Rs. 421.60 and Rs. 389.25 respectively. So far 325548 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 484.75 on 09-Jun-2025 and a 52 week low of Rs. 245.05 on 05-Jul-2024. Last one week high and low of the scrip stood at Rs. 460.35 and Rs. 423.45 respectively. The current market cap of the company is Rs. 14037.70 crore. The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 15.95% and 33.05% respectively. The United States Department of Commerce, International Trade Administration (US DoC) has applied the ‘adverse facts available’ (AFA) methodology resulting in the imposition of the highest possible countervailing duty (CVD) rate of 340.27% on LT Foods’ step-down subsidiary -- Ecopure Specialities' (Ecopure) exports of organic soybean meal to the United States. Ecopure is presently evaluating all available legal remedies in response to the aforementioned imposition, in accordance with applicable law. LT Foods, is a leading rice-based food Company with strong global brands of basmati and other specialty rice, organic foods and rice-based convenience products.