Introduction: Sarveshwar Foods Share Announces Stock Split with Bonus Shares
The consumer foods sector of the stock market received great news as Sarveshwar Foods Share announced a stock split with bonus shares. This article will discuss the current status of the company, information about returns, and the announcement of bonus shares and split shares.
Sarveshwar Foods Ltd
Sarveshwar Foods Ltd was started on August 3, 2004. The company’s main business is rice, including storage, milling, sorting, packing, branding, and distribution. They specialize in Basmati rice, non-basmati rice, red rice, brown rice, broken rice, and organic food. Additionally, the company produces dry fruits, nuts, flours, and pulleys.
Current Status of Sarveshwar Foods Share
Sarveshwar Foods Share has a market cap of 405.59 Crores with a debt of 129.34 Crores. The promoter holding is 55.74%, and the company has not provided dividends to its investors. The availability of free cash is 14 lakhs, and the company’s sales growth is 19.39% with a profit growth of 3.71%.
Last 5 Years Return Information
In the last 5 years, Sarveshwar Foods Share has achieved impressive CAGR returns. They recorded 149% CAGR returns in the last 1 year, 114% CAGR returns in the last 3 years, and 22% CAGR returns in the last 5 years. This indicates consistent good returns for investors.
Declaration of Bonus Shares
Sarveshwar Foods Share has announced the issuance of bonus shares to its investors. The ratio is set at 2:1, and the last date of purchase is September 15, 2023.
Stock Split Announcement
Sarveshwar Foods Share has also announced a stock split. The record date for the split is September 15, 2023, and the face value of the stock will be split from Rs 10 to Rs 1.
Disclaimer: The purpose of this news is to inform readers. stocknewshub.in does not provide investment advice. The stock market carries risks, so it is advisable to seek expert opinions before investing.
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