3 weeks, 5 days ago
Small-cap penny stock under ₹10: FMCG stock jumps 7% despite weak stock market
Live MintSmall-cap penny stock under ₹10: Sarveshwar Foods Limited, a small-cap FMCG stock trading under ₹10, saw its shares jump around 7 per cent to ₹9.7 on Wednesday, November 27 despite a weak market mood. The company in a BSE filing said that its wholly-owned subsidiary Green Point has landed a 12,000 MT order for Indian Long Grain Parboiled Rice from Monarda Commodities Pte. Following this announcement, Sarveshwar Foods share price was trading in the green, up 6.53 per cent at ₹9.63 at 9:58 am on the BSE. Earnings Snapshot Sarveshwar Foods posted a 32.20 per cent jump in its revenue for Q2FY25 at ₹271.31 crore as against ₹205.22 crore posted in the same period last year.
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History of this topic
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