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Hindustan Foods board OKs stock split

Hindustan Foods announced that the companys board of directors approved the 5-for-1 stock split.

July 02, 2022 3:03 IST | capital market
The board approved sub-division of equity share having face value of Rs 10 each fully paid up into five equity shares having face value of Rs 2 each. Hindustan Foods is a contract manufacturing FMCG company. Its product range covers food & beverages, beauty & personal care, leather, sports footwear & accessories, home care, health & wellness and pest control. On a consolidated basis, net profit of Hindustan Foods fell 5.3% to Rs 12.25 crore on 18.4% rise in net sales to Rs 581.43 crore in Q4 FY22 over Q4 FY21. Shares of Hindustan Foods closed 1.68% lower to end at Rs 1,724.05 on the BSE Powered by Capital Market - Live News

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