Heritage Foods rises on launching a new range of buttermilk products

resr 5paisa Research Team 29th March 2023 - 06:06 pm
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Company has strategically launched new products for the summer season

New Product Launch

Heritage Foods has launched its new range of Buttermilk products under the brand name ‘A-One’ and a new range of milkshakes in easy-to-carry and single-serve carton boxes. Heritage ‘A-One’ Spiced Buttermilk is a low-calorie natural refresher, made by fermenting fresh Heritage milk with a unique combination of cultures to give an extra smooth and thick mouthfeel, as well as delivering a perfect balance of sourness and saltiness. Spicy notes are perfected with a blend of natural extracts of green chillies and ginger, which make it refreshing to the consumer on-the-go. ‘A-One’ Spiced Buttermilk will be available in a 180 ml pack, with a 6-month shelf-life, at a convenient price point of Rs 20.

The company has also revamped its range of Milkshakes with a range of new flavours and a refreshing new look. Heritage ‘A-One’ spiced Buttermilk & Milkshakes have been launched across Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Delhi & NCR and it is available across General Trade stores, Heritage Happiness Points, Heritage Parlours, Modern Retail stores as well as online grocery platforms.

Share price movement of Heritage Foods Limited 

Today, the stock opened at Rs 147, with a high and low of Rs 148.50 and Rs 146.95. The stock previously closed at Rs 147.20. The stock is currently trading at Rs 147.65, up by 0.31%.

The stock has a 52-week high of Rs 193.70 and a 52-week low of Rs 126.88. The company has a market capitalisation of Rs 1370.13 crore.

Company profile  

Heritage Foods operates three divisions namely Dairy, Retail and Agri. Presently, Heritage’s milk products have a market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharashtra.

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