Heritage Foods: Margin trajectory likely to improve
The Q1FY24 results of Heritage Foods were in line with expectations. Highlights: Growth in value-added products Raw material prices have softened Higher advertisement spends Investors with higher risk appetite can accumulate stock on declines The Q1FY24 results of Heritage Foods (HFL; CMP: Rs 247; Market capitalisation: Rs 2,293crore) were in line with expectations. Milk procurement […]