Sarveshwar Foods’ shares rose over 5% following a credit rating upgrade to ’IVR BBB+/Stable’ by Infomerics. The company also secured an export order of 5,350 metric tons of Basmati rice, reinforcing its international presence and reported a significant rise in net profit for Q2FY25.
1 min read5 Feb 2025Sarveshwar Foods shares rose nearly 10% after strong Q2FY25 results. The company’s net profit rose 68.53% to ₹8.14 crore while revenue grew 32.20% to ₹271.31 crore, reflecting the company’s success in organic products.
2 min read21 Oct 2024Sarveshwar Foods shares fluctuated on Friday after announcing H1FY25 sales exceeded ₹500 crores, driven by rising demand for organic products. The stock initially dropped but later recovered, reflecting a strong market response and a commitment to sustainable practices.
2 min read4 Oct 2024The recent rally in Sarveshwar Foods stock is attributed to the company’s announcement of new strategic partnerships with non-banking financial companies (NBFCs). This move is designed to enhance financial support for farmers, who are a crucial part of the company’s supply chain.
2 min read10 Sep 2024Small-cap stock below ₹10: In the last five sessions, the penny stock has touched the upper circuit thrice
2 min read9 Jul 2024Multibagger stock: This NSE SME IPO was launched in March 2018 at a price band of ₹83 to ₹85 per equity share
2 min read3 May 2024The multibagger stock will be in focus on Monday as the company has declared acquiring 100% stake in Green Point Pte. Ltd
2 min read6 Apr 2024Sarveshwar 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 2024Penny 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 2024In its board meeting today, the small-cap company declared fundraising through the issuance of fresh shares on a preferential basis
2 min read23 Feb 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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