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Heritage Foods

Basically into food processing in a major way, Heritage is currently quoting Rs.493 with the market cap of 1144 crore. While industry is suffering from the high PE of around 48, Heritage is very comfortably placed with mere 25 giving it an edge as a stock. With EPS of around 19, rising reserves, sales and NP, it has the decent ROE of 19. With win win situation of CRR of 88% which implies that company is not only focus on diversification but also investor friendly, it hs the target of around 800 or so.

Time that one catches up with this stock for decent rewards.
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