Chatha Foods Share Price Live

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Chatha Foods Stock Surprise: Investors Pocket 57% Returns! Highlighting Chatha Foods Limited’s successful stock market debut and innovative expansion into the vegetarian QSR market. Investors gained 57% by holding shares. Established in 1997, Chatha Foods is a frozen food processor catering to top Quick top-serving restaurants (QSRs), Casual Dining Restaurants (CDRs), and other enterprises in the HoReCa (Hotel-Restaurant-Catering) industry. The company’s revenue is primarily derived from its strong linkages to the Indian food services and dining-out sector. The Success Story Unfolds March 27, 2024: Chatha Foods Limited made a remarkable debut on the stock market, listing at Rs 73, a premium of 30.36% over the issue price of Rs 56 on the BSE SME. The Rs 34-crore offer received an overwhelming response and was subscribed 19.28 times, reflecting strong investor interest in the company’s prospects. 1434×792 29.6 KB The company’s stock, after touching Rs 65.73 in the fourth trading session, has surged by almost 35% in just 5 trading sessions. As of today, the stock is trading at Rs 88.11 (+4.99%) on the BSE. Investors who received allotment and held onto their shares have seen a substantial increase in their investment, with gains close to 57%. Expansion and Innovation Chatha Foods recently announced the launch of its enticing vegetarian range, aimed at the North Indian QSR market. The range includes a variety of freshly prepared delicacies, such as Chilli Herb Patty, Veggie Patty, Veggie Nuggets, Falafel Patty, Falafel Poppers, Spring Rolls, Go Green Nuggets, Punjabi Chole Tikki Patty, Potato Chilli Peppers, Veggie Cheese Patty, and Paneer and Veggie Patty. Each item is crafted to deliver an unparalleled taste sensation, promising an unforgettable dining experience for patrons. To penetrate the market effectively, Chatha Foods is enlisting new distributors in key regions within North India, including Punjab, Himachal, Delhi NCR, Haryana, UP, and Rajasthan. The company plans to engage over 40 additional distributors to promote and distribute the vegetarian range to small and medium-sized QSR establishments, ensuring widespread availability and catering to diverse consumer preferences. Tasty Bite Eatables Ltd stands out as the sole peer to Chatha Foods Limited in the industry, with a notable P/E ratio of 114.23, as detailed in the Red Herring Prospectus. Vision of the Chairman Mr. Paramjit Singh Chatha, Chairman & Managing Director of Chatha Foods Limited, expressed his excitement about the launch, stating, “We are thrilled to unveil our delectable vegetarian range, showcasing the rich tapestry of flavors and culinary traditions that define North Indian cuisine. With our strategic expansion into the Quick Service Restaurant market, we are committed to providing consumers with unparalleled dining experiences while catering to the growing demand for high-quality vegetarian options.” Conclusion With a strong foothold in the frozen food industry and a focus on quality and expansion, the company is poised for continued growth and success in the future. Investors and food enthusiasts alike are watching closely as Chatha Foods continues to revolutionize the vegetarian dining experience in North India. Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions. Angel One Chatha Foods Ltd Share Price Today Live NSE/BSE | Angel One Chatha Foods Ltd Share Price - Get Chatha Foods Ltd Live BSE/NSE stock price with the latest research reports, balance sheet, stock analysis, and share price history at Angel One.