Sarveshwar Foods Share Price Soars by 5% on Thursday Trading Session 📈
Investors are witnessing a strong buying trend in the small-cap FMCG company Sarveshwar Foods. During Thursday’s trading session, the company’s shares surged by 5% to reach ₹9.33. The shares were locked in the upper circuit yesterday.
Sarveshwar Foods’ share price was trading at ₹9.75, up by 4.84% on Friday, March 22, 2024. Over the past four years, the company’s share has increased by 0.34 paisa to ₹9.33. In just four years, the company’s shares have earned their investors a whopping 2,644% multi-bagger return. If you had invested ₹10,000 in Sarveshwar Foods’ shares four years ago, your investment would be worth ₹2.5 lakh today.
Over the past year, Sarveshwar Foods’ shares have given a return of 253% to its investors. Year-to-date, the company’s share price has surged by 55%. Since December 2023, the company’s shares have been steadily rising. However, in the first few weeks of March 2024, there was a 37% dip in Sarveshwar Foods’ share price.
Between December and February 2024, Sarveshwar Foods’ shares saw a 191% increase. The share price of Sarveshwar Foods had risen by 85% in February 2024 and 33% in January 2024. The company’s share has fallen by 40% from its all-time high of ₹15.73. The 52-week low for the company’s share was ₹2.07.
Sarveshwar Foods Limited is primarily engaged in the production and sale of basmati and non-basmati rice in India. The company deals in business of selling basmati brown rice, raw rice, boiled rice, silk raw rice, white parboiled rice, and golden parboiled rice.
Sarveshwar Foods Company has also launched various organic food products under the brand name Nimbarak. The company was previously known as Sarveshwar Organic Foods Limited. However, in June 2015, the company changed its name to Sarveshwar Foods Limited. The company was established in 1890 in Jammu and Kashmir.
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