Motilal Oswal initiates coverage on LT Foods, predicts 31% surgeMotilal Oswal initiates coverage on LT Foods with a 'buy' rating and a target price of Rs 520, implying a 31% upside. They cite the company...
07 Nov, 2024, 01.18 PM IST
Stocks in news: Patanjali Foods, IOL Chemicals, Carysil, Tata Steel, Coal IndiaCoal India's coal production rose 8% to 189.3 million tonnes in the first quarter. Patanjali Foods approved the acquisition of the home and...
02 Jul, 2024, 06.42 AM IST
CCI approves SALIC International's stake purchase in LT FoodsCCI has approved acquisition of certain equity share capital of LT Foods Ltd by SALIC International Investment Corporation, according to an...
14 Feb, 2023, 10.37 PM IST
Accumulate LT Foods, target price Rs 82: GeojitLT Foods Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 2258.10 Crore) operating in Agro Processing...
22 Jun, 2022, 09.26 AM IST
LT Foods to step up investments on new product developmentLT Foods expects to spend 4% of branded sales on marketing which is 75% of its total revenue. A report by RedSeer forecasted the ready-to-c...
21 Apr, 2022, 05.41 PM IST
LT Foods acquires 51% stake in Golden Star TradingLTFA is a material non-listed subsidiary of the company contributing more than 35% to the overall revenue through its flagship brand Royal ...
03 Mar, 2022, 05.27 PM IST
Allana Group picks up minority stake in LT FoodsAnnouncing the acquisition, the group said that both companies have plans to use their synergies and technology transfer to expand LT’s con...
23 Mar, 2021, 11.20 AM IST
LT Foods aims to double revenue to Rs 6,000 crore by 2020LT Foods has presence in over 65 countries with revenue of nearly Rs 3,000 crore last fiscal and has two major brands - Daawat and Royal.
20 Jan, 2017, 07.47 PM IST
LT Foods forms joint venture with Japanese snack maker Kameda Seika"The JV will leverage LT Foods’ distribution and logistics network and Kameda has proprietary manufacturing capabilities of rice-based snac...
25 Nov, 2016, 12.35 AM IST
India Agri Business Fund II to invests $15 million in Cremica FoodCremica - whose product range include chips, sauces, sandwich mayonnaise, salad dressings and syrups - is eyeing Rs 1,000 crore turnover by...
01 Jun, 2016, 03.10 PM IST
CCI nod for acquisition of 2 HUL rice brandsCCI has approved acquisition of two rice brands of Hindustan Unilever by LT foods, the owners of Daawar brand.
17 May, 2016, 06.34 PM IST
Acquiring HUL's rice business will firm position in mid-east: LT FoodsThe company, which sell basmati rice under Daawat brand, has entered into an agreement to acquire the HUL's branded rice business.
18 Mar, 2016, 08.46 PM IST
LT Foods rallies 6% on potential acquisition of rice export businessLT Foods Ltd rallied as much as 9.1% on Friday, after reports suggesting the company plans to buy the company for Rs 25 crore from Hindusta...
18 Mar, 2016, 04.57 PM IST
- LT Foods beefs up its product range by strengthening its brand
The company is amongst the top two players in the branded packaged basmati rice with around 18% market share
22 Feb, 2013, 02.53 PM IST
Mid-tier Indian enterprises who have acquired companies overseas in past 2 yearsSmall & medium enterprises are buying cos globally. They don't hit headlines. But there are some of the most interesting M&A stories.
15 Sep, 2011, 03.23 PM IST
- Basmati rice exports likely to exceed 2-mn tonnes
Leading basmati rice exporter, LT Foods, today said that exports of the commodity was likely to exceed two-mn tonnes this fiscal (FY 11), u...
07 Jul, 2010, 03.43 PM IST
- LT Overseas acquires US rice firm Kusha
In the first of its kind acquisition of a foreign foods firm by an Indian company, LT Overseas - which owns the ‘Daawat’ brand of basmati r...
24 Dec, 2007, 06.29 AM IST