In the past three days, the stock of Foods & Inns has zoomed 48 per cent, as compared to one per cent rise in the S&P BSE Sensex.
On Friday, April 12, 2019, Mahendra Kumar had bought 1,21,000 shares of Foods & Inns for Rs 2.70 crore. The individual investor had purchased shares at price of Rs 222.87 per share on the BSE.
Earlier, on Thursday, April 11, 2019, RK Damani’s, Derive Investments had purchased 7,92,000 shares representing 4.72 per cent stake in Foods & Inns for Rs 14.58 crore through block deal. The firm bought shares at price of Rs 184.06 apiece, the BSE data shows.
Kailash Jain & Sons, Goutam Jain & Sons (HUF), Deep Chand Raghu Nath and Daksha Jayeshbhai Thakker have collectively sold 3,95,000 shares of Foods & Inns, the data shows.
Foods and Inns is a multi-locational manufacturer and exporter of a range of processed Tropical fruits pulps, purees and vegetables with state of the art factories in Mumbai, Chittor, Valsad, Sinnar and Gonde (Nasik).