India's Heritage Foods jumps after cutting prices on tax rationalisation

Heritage Foods

18/09/2025 11:11

** Shares of Heritage Foods HEFI.NS close up 8.1% at 527.55 rupees

** Dairy co announces price reductions, passing on the benefits of recent tax rationalisation to consumers

** Prices cut on long shelf-life milk, ghee, butter and cheese, paneer, and ice cream products

** HEFI says no change for fresh milk as the category was already exempted from GST

** Trading volume more than 33x 30-day average at 9.7 mln shares

** HEFI up nearly 9% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))