LT Foods surges on incorporating new wholly owned subsidiary
LT Foods is currently trading at Rs. 432.05, up by 19.45 points or 4.71% from its previous closing of Rs. 412.60 on the BSE.
The scrip opened at Rs. 421.00 and has touched a high and low of Rs. 442.65 and Rs. 417.00 respectively. So far 47678 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 518.35 on 17-Jul-2025 and a 52 week low of Rs. 290.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 442.65 and Rs. 409.50 respectively. The current market cap of the company is Rs. 14799.92 crore.
The promoters holding in the company stood at 51.01%, while Institutions and Non-Institutions held 18.56% and 30.44% respectively.
LT Foods has incorporated new wholly owned subsidiary namely ‘LTF Global Investments L.L.C’ on February 19, 2026. The company has incorporated said the wholly owned subsidiary in Dubai, UAE.
The wholly owned subsidiary intends to provide Global Strategic Services to LT Foods group’s International businesses in USA, UK, Europe and other parts for better operating efficiencies and synergies
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