The Hindu Business Line : Food, agri product cos sizzle

Food and processed agricultural product companies are emerging as a hot new sector in the bourses. Interest in this began with Pantaloon Retail picking up a 33 per cent stake in Capital Foods. Further, the news that EID Parry and Cargill International are to set up a stand-alone sugar refinery has given further fillip to the sector.

Ruchi Soya counter touched an intra-day high of Rs 346, before ending trade at Rs 333.45. The scrip touched its 52-week high of Rs 376 last month. Heritage Foods India touched an intra-day high of Rs 189.90, up by Rs 9.90 from Monday's close.

Veena Venugopal

More Stories on : Stocks | Ear to the ground | Foods & Food Processing

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