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FMCG penny stock surges 2400% in just four years

Sarveshwar Foods, a penny FMCG stock, has soared by a staggering 2400% over the past four years, escalating from ₹0.34 to approximately ₹8.5, translating to substantial returns for investors.

1 min read22 Mar 2024
Markets

Multibagger! This FMCG penny stock surged 2400% since March 2020

Penny FMCG stock Sarveshwar Foods has posted multibagger returns in the last 4 years, rising from ₹0.34 to around ₹8.5 currently. This implies a return of 2400 percent for its investors in this period. An investment of ₹10,000 in this stock in March 2022 would have turned into ₹2.5 lakh now.

3 min read21 Mar 2024
Markets

LT Foods share price jumps over 9% after Sunil Singhania’s Abakkus Asset Management buys stake

Abakkus Asset Manager LLP bought 33,93,543 equity shares of LT Foods, aggregating to 0.98% of paid-up equity, on Tuesday, block deal data on the BSE showed.

1 min read20 Mar 2024
Economy

Restaurants Are Raising Prices in California as Pay Rises. One Chain Isn’t.

At least one restaurant chain plans to hold the line on what it charges customers even as others are raising prices in California because of the state’s minimum-wage boost for fast-food workers.

4 min read11 Mar 2024
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Companies

Westlife Foodworld says FSSAI verifies McDonald’s India uses 100% real cheese; stock jumps over 6%

Pursuant to the clean chit, McDonald’s India (W&S) has retained the term “cheese” in the names of its products containing cheese.

1 min read5 Mar 2024
Videos

Bill Gates' Wit During Rapid Fire At IIT Delhi Leaves Students In Splits | His Favourite Indian Food

Bill Gates interacted with a number of IIT Delhi students during his visit to India, and part of that interaction was a rapid fire round. From his 'one wish' to 'favourite Indian food' to 'biggest mistake', Gates' witty answers made for an enjoyable chat - watch!

4 Mar 2024
Economy

Is It OK to Tip on the Pre-Tax Amount? With Wine, the Rules Can Get Murky

The question of what to tip can be a tense one, perhaps even more so when it comes to tipping on wine. Our wine columnist queried diners and wine professionals alike to determine what’s fair for both once the bill comes around.

5 min read1 Mar 2024
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Markets

Small-cap FMCG stock Sarveshwar Foods hits 52-week high after declaration of fundraise

In its board meeting today, the small-cap company declared fundraising through the issuance of fresh shares on a preferential basis

2 min read23 Feb 2024
Markets

Patanjali Foods share price Today Live Updates : Patanjali Foods Stock Soars on Positive Trading Day

Patanjali Foods stock price went up today, 19 Feb 2024, by 0.63 %. The stock closed at 1603.5 per share. The stock is currently trading at 1613.6 per share. Investors should monitor Patanjali Foods stock price closely in the coming days and weeks to see how it reacts to the news.

1 min read19 Feb 2024
Companies

Kerala serious fraud probe has 'broad scope'

The investigation into the affairs of two private firms and a state public sector enterprise is likely to get bigger

2 min read18 Feb 2024
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