Hindustan Foods Shares Jump 14% After Multiple Large Trades

Shares of the company jumped 14.84% to hit intraday high of Rs 582 apiece, before paring gains to trade 11.23% higher at Rs 563.70 apiece as of 10:10 a.m. This compares with a 0.08% decline in the benchmark Nifty 50.

The stock has gained 13.8% in the past month and 5% in the past 12 months. The lone analysts tracking the company has a 'buy' call on the stock with a target price of Rs 686 apiece, implying an upside of 22%.