Shares of the company, with a market cap of around Rs 861 crore, have a 52-week high of Rs 15.5 and a 52-week low of Rs 2.19.
Stock Market News: Amid the fall in equity benchmark indices, a slight weakness was recorded in the shares of FMCG company Sarveshwar Food Limited as they were trading at the level of Rs 8.90. Shares of the company, with a market cap of around Rs 861 crore, have a 52-week high of Rs 15.5 and a 52-week low of Rs 2.19. Shares of Sarveshwar Foods Limited have been weak for the last few days.
However, in the last 6 months, shares of Sarveshwar Foods Limited have given 84 per cent returns to investors from the low of Rs 4.85. Meanwhile, Sarveshwar Foods Limited has informed the stock market that the company has planned to provide free certified Sona Masuri Paddy Seeds seeds to the farmers of Jammu and Kashmir. According to the company, the initiative is aimed at supporting farmers in the region.
“Free distribution of certified seed of Sona Masuri paddy will be done at Sarveshwar procurement facilitation center under this program. This initiative reflects Sarveshwar Foods’ dedication to empowering local farming communities and promoting agricultural development in the area,” the company said.
The distribution will benefit around 1000 farmers across various regions, including Paragwal, Mirpur, Garkhal, Akhnoor East, Panjtoot, Khour, Jourian, Bakour, Hamirpur in Akhnoor West, and Paharpur, Maharajpur, Haripur, Chadwal, Hariachak in the Kathua Sector. By targeting these areas, Sarveshwar Foods Ltd aims to maximize the outreach of its initiative and ensure that farmers in need receive essential support for their agricultural endeavors.
Sona Masuri Rice is a variety of medium-grain rice mainly grown in Southern India. One of the unique features of Sona Masuri rice is its ability to absorb flavors and spices easily, making it an ideal ingredient for preparing a variety of Indian dishes. Additionally, it has a lower glycemic index compared to other varieties of rice, making it a healthier choice for people with diabetes. Sona Masuri Rice, due to its increasing popularity, is also finding its position in the international market, mostly exported to countries with a large Indian diaspora.