09 Apr 2026 | 5 Mins Read
Abakkus Flexi Cap Fund buys 1.4% stake in Heritage Foods
Flipitmoney
Abakkus Flexi Cap Fund, backed by Ace Investor Sunil Singhania, acquired nearly 13 lakh shares of Heritage Foods, accounting for 1.4% equity in the company. Heritage Foods shares have underperformed the market, slipping 33% in six months, but mutual funds' holding increased to 5.5% in Q4. The company's consolidated net profit dropped 20% to Rs 35 crore in the last quarter.