After falling over 5% on Thursday post its Q1 FY26 earnings, Heritage Foods stock rebounded today, rising around 2–3% intraday on the BSE.

The stock price was in the red yesterday after the company released a weaker-than-expected Q1 FY26 earnings report. The market reacted negatively despite a top-line growth because of pressure on margins and profitability.

And today, a ‘buy-on-dip’ sentiment seems to have taken over today, wherein investors likely overreacted yesterday, especially given the double-digit revenue growth. Some brokerages noted the long-term fundamentals remain intact, triggering value buying.

The company, for Q1FY26, posted a 10% (YoY) jump in revenue at Rs.810 crore. EBITDA for the quarter fell 21% to Rs.74 crore, compared to Rs.94 crore Q1 FY25. The EBITDA margin contracted to 6.5% from 9% a year ago, indicating higher input and operational costs during the quarter. It ended the quarter with a net profit of Rs.40.5 crore, down 31%.

FMCG and dairy stocks were generally trading positive today, possibly aided by expectations of better rural demand as monsoons improve and inflation eases.