L T Foods Ltd Share Price (LTFOODS)

LT Foods Expects 15% Growth in India on Positive Monsoon Forecast - 12 Apr, 2024

CEO Ritesh Arora expects a thriving environment for FMCG companies due to positive macro-indicators and monsoon forecast. LT Foods witnessed 7% growth in volume metric terms and 15% growth in value terms last quarter, with expectations of further strengthening distribution network and posting 15% growth in India.

L T Foods' Packaged Basmati Sales Increase by 11-12% - 10 Apr, 2024

LT Foods, which sells Daawat range of packaged rice, reported an increase in sales by 11%-12% in FY24 as compared to FY23. The company expects a similar pace of growth in 2024-25.

LT Foods Stock Up by 16% in a Month - 05 Apr, 2024

The stock of LT Foods has risen by 16% over the past month. The company's key performance indicators, specifically ROE, are being studied to see if they are influencing the market. Return on Equity is a test of how effectively a company is growing its value and managing investors' money.

Abakkus Asset Manager Acquires Stake in LT Foods; Stock Price Reverses Downtrend - 21 Mar, 2024

Abakkus Asset Manager acquired a 1% stake in LT Foods while the stock price reversed its near-term downtrend and is attempting to break crucial resistance levels. Analysts estimate revenue growth for LT Foods during FY2023-26E period could be 10.7% CAGR to Rs 7,645 crore.

Abakkus Asset Management Buys Stake in LT Foods; Earnings Growth Superior But Low P/E Ratio - 20 Mar, 2024

Abakkus Asset Management's acquisition of a 0.98% stake in LT Foods led to a nearly 10% increase in the company's stock price. While the company has shown superior earnings growth, its low P/E ratio is due to an anticipated EPS climb of only 7.6%, which may lead to a less prosperous future.