Rs 31.25 Lakhs subsidy for setting up a 25 Desi cows dairy farm
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on…
Naidu’s arrest drags Heritage Foods’ shares down by 11%
The arrest and the subsequent remand of Andhra Pradesh former Chief Minister and President of Telugu Desam Party (TDP) N Chandrababu Naidu seems to have dragged the shares of Heritage Foods, promoted by…
Pure Vegan diet led to death of Zhanna Samsonova
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on…
Heritage Foods: Margin trajectory likely to improve
The Q1FY24 results of Heritage Foods were in line with expectations. Highlights: The Q1FY24 results of Heritage Foods (HFL; CMP: Rs 247; Market capitalisation: Rs 2,293crore) were in line with…
Procurement prices likely to soften in the next 5-6 months: Kesavan
Heritage Foods Ltd has said it is confident of achieving the target of becoming a ₹6,000 crore revenue company in the next three years. “We set out a target to…
Dairy stocks sizzle as temperatures soar. Time to milk gains?
Concerns over milk shortages amid soaring temperatures, when peak summer demand has just started to kick in, have given a fillip to dairy stocks over the last one month. Shares…
Early signs of emerging stability in milk prices
Global SMP prices have corrected 35% YoY in Feb’23. Even after adjusting for benefits of INR depreciation, we believe the profitability in SMP exports is very weak. Lower SMP exports…
Heritage Foods: Will margins make a comeback for this dairy company?
The stock price gained over 9 percent on September 30. The company announced 1:1 Rights Issue through a regulatory filing. “The Board of Directors of the Company at the meeting…
Top dairy industry stock picks as per ICICI securities report
ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in June’22, wholesale milk prices jumped 5.8 per cent year…
Heritage foods will be bringing more value-added products to the mix
It seems an obvious question to ask of Brahmani Nara, the Executive Director of dairy major, Heritage Foods. Why, given her heritage as granddaughter of Telugu movies’ super star NT…