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Trades about 33% below its sector, cheaper than its peers on earnings.
Established in 1980 and headquartered in Gurugram, India, LT Foods Limited specializes in the entire process of rice production, from milling and processing to the global marketing of both branded and unbranded basmati rice and other rice-based food items. Their extensive product line features a wide variety of rice, including basmati, non-basmati, brown, white, steamed, parboiled, organic, quick-cooking, value-added, flavored, specialty, Arborio, jasmine, and fortified rice. Beyond raw grains, the company also ventures into organic food ingredients and convenient rice-based options like snacks, ready-to-heat meals, and instant cup rice. These diverse offerings are sold under prominent brand names such as Daawat, Royal, Gold Seal Indus Valley, 817 Elephant, Heritage, Devaaya, Rozana, Ecolife, and Kari Kari, with distribution extending internationally to major markets including the United States, Europe, and the Middle East.
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