As per BSE mass information study on tenth June, Our Master's Portfolio fellow member Porinju Veliyath has bought an agri based small-scale cap named Flex Foods. Data shows that he scooped out 72000 shares of Flex Foods at a charge per unit of measurement of Rs. 82.68. The stock hits upper circuit of 20% inwards the browser on June 10th.
FLEX FOODS LIMITED, a fellowship engaged inwards the growing together with processing of Mushrooms, Fruits, Culinary Herbs together with Vegetables catering to the Domestic together with International markets mainly inwards USA, Canada, Europe & Australia. Flex Food Limited is an associate fellowship of UFLEX, a 2.3 Billion dollar company, leader inwards flexible packaging technology.
Flex Foods Limited sources its raw cloth through contract farming through a dedicated network of 500 farmers. This is done inwards almost 2500 acres of state inwards together with some Dehradun, providing the farmers amongst the high character seeds together with imparting best farm practices along amongst most competitive prices.
Promoters concord nearly 60% of stake. Company has clocked an cash EPS of 9.96 for the final twelvemonth together with it has been a consistent dividend payer of nearly 2.5%. In our view, Porinju Veliyath has done an "not then risky pick" amongst first-class fundamentals together with peachy opportunities for hereafter growth.
Check Porinju Veliyath's electrical current holdings here
