
ADF Foods share price rallied around 13% during Thursday's trading session after the company announced that its wholly owned US subsidiary received a tariff refund from the US Customs and Border Protection (CBP). The stock also touched a fresh 52-week high during the session.
As of July 2, 2026, at 12:03 PM, ADF Foods share price was trading at ₹330.05 each on the NSE, up ₹22.20, or 7.21%, from its previous close of ₹307.85.
The stock opened at ₹315.30 and touched an intraday high of ₹346.95, which also marked its 52-week high, before trading above the ₹330 level.
Over the past 1 week, ADF Foods share price has gained 9.95%, while its 1-month return stands at 20.96%. The company's market capitalisation was ₹3,629.89 crore.
ADF Foods informed the exchanges that its wholly owned subsidiary, ADF Holdings (USA) Ltd, has received a tariff refund of US$2.1 million (approximately ₹19.97 crore) from the US Customs and Border Protection (CBP).
According to the company, the refund follows directives issued by the US Supreme Court to the US government for the refund of excess tariffs collected from importers.
Shareholding data for the quarter ended March 2026 showed an increase in institutional ownership.
Foreign Institutional Investors (FIIs) increased their stake to 11.55% in Q4 FY26, from 11.31% in the previous quarter. Domestic Institutional Investors (DIIs) also raised their holding to 23.21%, compared with 23.11% in Q3 FY26.
Promoter holding remained unchanged at 36.14% during the same period.
ADF Foods share price gained more than 12% on July 2, 2026, touching a fresh 52-week high after the company announced that its US subsidiary received a US$2.1 million (approximately ₹19.97 crore) tariff refund from the US Customs and Border Protection. During the quarter ended March 2026, both FII and DII shareholding in the company also increased, while promoter holding remained unchanged.
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Published on: Jul 2, 2026, 12:19 PM IST

Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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