Ready Foods Ltd

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NSEBSE
Stock not tradded

(%)

BSE : 519250

NSE : READYFOOD

Sector : Agri and agri inputs

ISIN Code :

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

14.20

All Time High Date

02 Jun 1995

All Time Low

2.70

All Time Low Date

02 Jul 1996

Ready Foods Ltd

A 100% export-oriented unit Ready Foods is promoted by an NRI entrepreneur T V Raja Reddy. The company's main activity is processingvegetables fruits and Indian food delicacies and exporting them.The processing plant is located at Madanapalli in Chittoor district of Andhra Pradesh. It has an installed capacity to process 24000 tonnes of vegetables and fruits and 6000 tonnes of Indian food delicacies. The state-of-the-art imported plant with German technology has been put up and commissioned by turnkey contractors Rheinhold & Mahala Germany. Its cold storage facility at Madras Port is coming up.Since the processed food industry is consumer-driven marketing plays an important role and it becomes more difficult when the market is abroad. Theoverseas operations are managed well by the promoter Raja Reddy who has considerable business interests in Germany and has 14 valuable years of direct experience in this line of activity. This has enabled the company to forge tie-ups with Frigotrade Germany to serve Europe. The famous Marks &Spencers UK has also evinced interest in the company's products.Ready Foods has got a wide product mix in broccoli romansesco french beans green chillies in vegetables; mango pineapple and tropical fruits; fried rice snacks prawn dishes chicken items etc in Indian delicacies. Once the company's operations are in full stream it wishes to cater to South-East Asia and the Gulf countries.Destination wise 60% of sales goes to Germany 25% to the UK 15% to the US and Belgium. Nord Germuse of Germany Noon Plc UK and Fisher Frozen Foods UK are the key customers. Ready Foods Inc San Fransisco US is involved in the US distribution. The company plans to add more products to its portfolio. These include baby foods jelly sweets spices ready-to-use pastes special pappads chilled foods chicken sausages etc.

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Ready Foods Ltd - Key Fundamentals

PARAMETER VALUES
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Year Low/High

0.00

0.00

All time Low/High

3.09

40.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week%%1.471.67%
1 Month%%4.495.18%
3 Month%%2.924.06%
6 Month%%6.388.05%
1 Year%%6.167.33%
3 Year%%51.7355.24%

Company Info

Company Information

Chairman : D V Kapur

Managing Director : T V Raja Reddy

Director : H A B Parpia

Director : N S Randhawa

Director : P Kumar - IDBI

Director : Ashok Kumar - IFCI

Registered Office: 1332 Double Road, Indira Nagar II Stage,Bangalore,Karnataka-560038 Ph:

Email:

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