๐ Sarveshwar Foods Share Price Soars in Indian Stock Market
๐ Sarveshwar Foods’ total market capitalization stands at INR 710 crore.
๐ฐ The company’s shares were trading at a 52-week high of INR 15.69 and a low of INR 4.
๐ Sarveshwar Foods’ shares have shown a 24% improvement for investors in the past month.
๐ On Thursday, February 1, 2024, the company’s shares closed at INR 7.45, up by 2.76%.
๐ On Friday, February 2, 2024, the shares continued to rise, trading at INR 7.86, a 6.22% increase.
๐ฐ Sarveshwar Foods recently offered its shareholders free bonus shares and a stock split.
๐ญ The company, established in 2004 in Jammu and Kashmir, primarily deals with the production, trade, and export of basmati rice.
๐ผ Experts suggest that investors can consider buying Sarveshwar Foods’ shares during market downturns.
๐ The company distributed free bonus shares to its shareholders in a 2:1 ratio and split its shares into 10 pieces.
๐พ Sarveshwar Foods has opened two SFL Choupals in Kulgam and Doda, Jammu and Kashmir, to facilitate direct purchase from farmers.
๐ This initiative will help the company expand its business and procure products such as walnuts, rajma, apples, morel mushrooms, bananas, cumin, and others directly from farmers.
๐ Sarveshwar Foods currently operates 12 SFL Choupals in Jammu and Kashmir and provides training to local farmers.
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