1:10 Stock Split, 2:1 Bonus Share: FMCG Stock Hits 10% Upper Circuit, Up 248% In 1-Yr

Small cap company from the FMCG sector, Sarveshwar Foods Ltd shares today hit 10% upper circuit after the company on February 3, 2024 informed about its upcoming meeting of Board of Directors to be held on Feb 10, 2024 to consider financial results.

Earlier on January 31, Sarveshwar Foods informed via exchange filing about setting up 2 more “SFL-Choupals” (Procurement Facilitation Centres) in Kulgam and Doda for procuring walnuts, rajma, apple, black morels (gucchi), kala jeera and other authentic Himalayan delights directly from farmers.

” Last trading price of Sarveshwar Foods shares on BSE is Rs 8.89 apiece with intraday surge of 9.89%. Sarveshwar Foods shares also hit 52-week high today and witnessed spurt in volume by more than 4.26 times. Sarveshwar Foods shares rallied 248% in last 1-year and rallied 91% in last 3-months. Check details below:

Sarveshwar Foods To Consider, Approve Financial Results: As per the regulatory filing of the company dated Feb 3, 2024, “meeting of the Board of Directors of the Company is scheduled to be held on Saturday, 10th day of February, 2024 inter-alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the Quarter and Nine Months ended on 31st December, 2023 and other matters stated in the agenda notice.”