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Heritage Foods rises on launching new range of Buttermilk products
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Heritage Foods is currently trading at Rs. 147.40, up by 0.20 points or 0.14% from its previous closing of Rs. 147.20 on the BSE.
The scrip opened at Rs. 147.00 and has touched a high and low of Rs. 148.50 and Rs. 146.95 respectively. So far 5320 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 193.70 on 20-Jan-2023 and a 52 week low of Rs. 126.90 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 151.05 and Rs. 142.90 respectively. The current market cap of the company is Rs. 1366.89 crore.
The promoters holding in the company stood at 39.21%, while Institutions and Non-Institutions held 17.72% and 43.06% respectively.
Heritage Foods has launched its new range of Buttermilk products under the brand name ‘A-One’ and a new range of milkshakes in the easy-to-carry and single serve carton boxes. Heritage ‘A-One’ Spiced Buttermilk is a low-calorie natural refresher, made by fermenting fresh Heritage milk with a unique combination of cultures to give an extra smooth and thick mouthfeel,as well as delivering a perfect balance of sourness and saltiness. Spicy notes are perfected with a blend of natural extracts of green chillies and ginger, which make it refreshing to the consumer on-the-go.‘A-One’ Spiced Buttermilk will be available in 180ml pack, with a 6 months shelflife, at a convenient price point of Rs 20.
The company has also revamped its range of Milkshakes with a range of new flavours and a refreshing new look. Alongside, all-time popular flavour variants like Vanilla and Strawberry. Heritage ‘A-One’ spiced Buttermilk & Milkshakes have been launched across Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Delhi & NCR and it is available across General Trade stores, Heritage Happiness Points, Heritage Parlours, Modern Retail stores as well as online grocery platforms.
Heritage Foods operates three divisions namely Dairy, Retail and Agri. Presently, Heritage’s milk products have market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharastra and has retail stores across Bangalore, Chennai and Hyderabad.
