Leo Dryfruits & Spices Trading is trading at RS 52.70, marking an increase of 0.20 points or 0.38% from its previous close of RS 52.50 on the BSE.
The stock opened at RS 52.50 and has touched a high of RS 52.70 and a low of RS 52.50 during the session, with 4,000 shares traded so far.
The BSE group 'M' stock, with a face value of RS 10, reached its 52-week high of RS 74.70 on January 9, 2025, and a 52-week low of RS 52.00 on January 28, 2025. Over the last week, the stock's high and low stood at RS 53.65 and RS 52.50, respectively. The company's market capitalization currently stands at RS 94.29 crore.
Promoters hold a 38.11% stake in the company, while the public owns 61.89%.
In a strategic move, Leo Dryfruits & Spices Trading has approved the establishment of a wholly owned subsidiary, Leo Catering Services, in India. This new entity will specialize in food catering services, offering both packaged and loose vegetarian food options. It will cater to various events, including programs, conventions, seminars, and cultural functions.
Leo Catering Services will also handle the procurement, storage, and sale of mineral and aerated waters, along with other non-alcoholic beverages. Additionally, the company plans to expand its offerings to include confectionery, baked goods, sauces, and other vegetarian food products. The subsidiary is expected to establish and operate food service outlets such as cafes, restaurants, ice cream stores, kiosks, and quick-service restaurants across India and internationally.
This expansion will enable Leo Dryfruits & Spices Trading to diversify its business operations, integrating its premium ingredients into a comprehensive food service model.
Leo Dryfruits & Spices Trading is involved in the manufacturing, processing, trading, and marketing of a wide range of spices, dry fruits, and grocery products under the brand ‘VANDU’ and frozen/semi-fried products under the brand ‘FRYD’.