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HOAC Foods Hits 52-Week High Amid Strong Growth

7/3/2025

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Summary

Story summary

HOAC Foods India's share price hit INR244.45 on July 1, achieving a 52-week high with a 5% increase.
The company initiated its first Qualified Institutional Placement (QIP) on June 30, aiming to raise INR10 Crore.
Financial projections for FY25 indicate revenue of INR26.48 crore and net profits of INR2.48 crore.
The stock has surged 133% from its 52-week low, showcasing robust investor confidence and strategic growth.

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Story summary

HOAC Foods India's share price hit INR244.45 on July 1, achieving a 52-week high with a 5% increase.
The company initiated its first Qualified Institutional Placement (QIP) on June 30, aiming to raise INR10 Crore.
Financial projections for FY25 indicate revenue of INR26.48 crore and net profits of INR2.48 crore.
The stock has surged 133% from its 52-week low, showcasing robust investor confidence and strategic growth.