ADF Foods climbs on getting nod to make additional investment in ADF Foods Australia
ADF Foods is currently trading at Rs. 279.90, up by 8.05 points or 2.96% from its previous closing of Rs. 271.85 on the BSE.
The scrip opened at Rs. 300.00 and has touched a high and low of Rs. 300.00 and Rs. 276.40 respectively. So far 56707 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 301.00 on 11-Jun-2025 and a 52 week low of Rs. 153.65 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 300.00 and Rs. 189.50 respectively. The current market cap of the company is Rs. 3095.41 crore.
The promoters holding in the company stood at 36.13%, while Institutions and Non-Institutions held 19.32% and 44.54% respectively.
ADF Foods has received approval for additional investment of AUD 100,000 by way of equity in ADF Foods Australia, Wholly Owned Subsidiary of the Company, in one or more tranches to support the working capital requirements. ADF Foods Australia has been incorporated to carry on the business of distribution of food products across the Australian market. The Board of Directors of the company, at its Meeting held on May 13, 2026, inter alia considered and approved the same.
