Heavy Buying Alert: Multibagger Penny Stock Under Rs 15 Jumps Over 15 Per Cent From Intraday Low; Here’s Why
The stock gave multibagger returns of 157 per cent from its 52-week low of Rs 4.57 per share and a whopping 1,300 per cent in 3 years.
On Wednesday, one of the Top Gainers on BSE, shares of Sarveshwar Foods Ltd jumped over 15 per cent to Rs 11.74 per share from its intraday low of Rs 10.20 per share. The stock’s 52-week high is Rs 15.73 per share and its 52-week low is Rs 4.57 per share. The company's shares saw a spurt in volume by more than 3 times.
Sarveshwar Foods Limited, a century-old FMCG company, is at the forefront of India's agricultural transformation. Known for its premium basmati rice sourced from the Himalayan foothills, the company is now spearheading sustainable farming initiatives. Their innovative soil mapping program empowers farmers with location-specific soil assessments, enabling them to optimize fertilizer use, reduce chemical dependency, and enhance soil health. This initiative, along with their commitment to organic farming under the 'NIMBARK' brand, aligns with their vision of a 'SATVIK' lifestyle. By promoting organic basmati production, fostering agricultural cooperatives, and diversifying into other crops, Sarveshwar Foods is not only ensuring food security but also empowering farmers and contributing to a healthier, more sustainable future for India.
Additionally, the company secured a Rs 498 million export order from a US distributor, boosting its global presence. The company has also acquired a majority stake in Natural Global Foods DMCC, strengthening its foothold in the Middle Eastern market. Additionally, its subsidiary, Green Point Pte. Limited, has received a Rs 445 million order for premium Indian rice, aligning with its target of Rs 2,000 million in business this fiscal year. With these strategic moves, Sarveshwar Foods aims to capitalize on the growing global demand for rice-based products and maintain its leadership position in the international food market.
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About the Company
Sarveshwar Foods Limited (SFL) is a 130-year-old company certified by ISO 22000:2018, USFDA, BRC, and other global standards. They specialize in manufacturing, trading, and marketing branded and unbranded rice, both domestically and internationally. Based in Jammu and Kashmir, SFL leverages the fertile Himalayan foothills to cultivate a wide range of organic products under the "NIMBARK" brand, promoting a conscious and healthy lifestyle.
For the first half of the fiscal year 2025 (H1FY25), the company experienced significant growth compared to the same period in the previous year (H1FY24). Total revenue surged by 28.4 per cent, reaching Rs 504.36 crore, while profit after tax (PAT) increased by 45.2 per cent, amounting to Rs 11.24 crore. This positive trend continued into the second quarter of FY25 (Q2FY25), with total revenue climbing 32.2 per cent to Rs 271.31 crore and PAT soaring 66.3 per cent to Rs 8.15 crore compared to the corresponding quarter of the previous year (Q2FY24).
The company has a market cap of over Rs 1,100 crore with a 3-year stock price CAGR of 135 per cent. The stock gave multibagger returns of 157 per cent from its 52-week low of Rs 4.57 per share and a whopping 1,300 per cent in 3 years. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.