Thread by @SocInvestApp

Rice is one of the most significant consumer foods since it provides a staple meal for half of the world's population. In 2020-21, an individual person is predicted to have consumed roughly 549 kg of rice, a slight increase from the previous year.
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LT Foods, previously known as LT Overseas, is an Indian firm established in the 1980s. It is a worldwide consumer food firm specializing in Basmati and other specialty rice, organic food and ingredients, and health and convenience foods.
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The Company’s flagship brands are Daawat and Royal. It has customers in more than 60 countries and a worldwide supply chain with more than 900+ distribution partners. In India, it retails through ~1.37 lakh locations.
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Company has shown improved financial ratios and has been rewarded in the stock market as well. The Return on Capital Employed (ROCE) improved by 2% to 15% in 2021, while the Company’s Return on Equity (ROE) increased by 4% to 17%.
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Should you invest in LT Foods? Read share analysis by our expert contributor:

socinvest.app/post/lt-foods-…
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#investing #StockMarketindia #LTFoods

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