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LT Foods share price jumps 13% on launch of rice snack

The share touched its 52-week high Rs 43.75 and 52-week low Rs 18.00 on 11 January, 2019 and 31 July, 2019, respectively.

January 08, 2020 / 14:22 IST
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    LT Foods share price rose more than 13 percent intraday on January 8 after the company launched a rice snack in the Indian market.

    Daawat-Kameda (India) Private Limited, a joint venture company between LT Foods & Japan’s Kameda Seika, has launched ‘Kari Kari’, in the Indian market, the company said in a release.

    Inspired by the famous Kameda Crisp, a favourite rice snack in Japan, ‘Kari Kari’ crisps are made from rice and peanuts are hearty & wholesome savoury snack.

    A healthy snacking choice, this roasted rice snack is rich in protein and is available in 4 different flavours, Chilli Garlic, Wasabi, Salt & Pepper and Spice Mania to excite the Indian palate, it added.

    At 14:13 hrs, LT Foods was quoting at Rs 24.25, up Rs 1.45, or 6.36 percent on the BSE.

    The share touched its 52-week high of Rs 43.75 and its 52-week low Rs 18.00 on 11 January 2019 and 31 July 2019, respectively.

    Currently, it is trading 44.57 percent below its 52-week high and 34.72 percent above its 52-week low.

    Moneycontrol News
    first published: Jan 8, 2020 02:22 pm

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