Sarveshwar Foods Share Price: A Rising Star in the Indian Stock Market

The Indian stock market is witnessing a sharp rise since the beginning of this week, with the Union Budget. This has resulted in vigorous trading in the stock market, with the shares of many companies rising significantly. One such company is Sarveshwar Foods, whose shares have been trading at a 52-week high of Rs 8.10.




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Company Overview

Sarveshwar Foods Limited, established in 2004 in Jammu and Kashmir, is primarily engaged in the production, trading, and export of Basmati rice. The company's total market capitalization stands at Rs 710 crore.

Recent Performance

Over the past month, the company's shares have outperformed its investors by 24%. On Thursday, February 1, 2024, shares of Sarveshwar Foods Company closed 2.76 per cent higher at Rs 7.45. The following day, the stock was trading 6.22% higher at Rs 7.86.

Bonus Shares and Stock Split

Recently, Sarveshwar Foods offered free bonus shares and stock split benefits to its shareholders. The company distributed free bonus shares to its shareholders in the ratio of 2:1. Along with this, the company divided its shares of face value of Rs 10 into 10 pieces.

Expansion Plans

Sarveshwar Foods Limited has informed SEBI that the company has started two SFL Chaupals in Kulgam and Doda in Jammu and Kashmir. This initiative will make it easier for the company to purchase walnuts, kidney beans, apples, gucchi, kale, cumin, and other items directly from farmers. The purchase facility will help Sarveshwar Foods Company to expand its business. Currently, Sarveshwar Foods is running 12 SFL Chaupals in Jammu and Kashmir and is also training local farmers.

Investment Advice

According to stock market experts, investors can consider buying shares of Sarveshwar Foods Company during the fall. As always, investors are advised to do their own research and consult with a financial advisor before making any investment decisions.

In conclusion, Sarveshwar Foods appears to be a promising player in the Indian stock market, with its recent performance and expansion plans indicating potential for future growth.

Disclaimer: 

This blog post is for informational purposes only and should not be taken as investment advice. Always conduct your own research and consult with a certified financial advisor before making any investment decisions.



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