Shares of this snacks company delivered crispy returns of 55 per cent in just one month! Do you own it?

The stock has rallied 43.56 per cent over the past five trading sessions.

On Friday, the shares of Euro India Fresh Foods zoomed more than 15 per cent to record a fresh all-time high of Rs 184.70 per share on NSE. The scrip closed at Rs 174, up by 13.02 per cent. It surged 43.56 per cent over the past five trading sessions. Meanwhile, over the last one month, the shares of this company have skyrocketed off the charts, furnishing stratospheric returns of 54.87 per cent!  

Let us delve deeper to understand more about the company’s business operations.   

Euro India Fresh Foods Limited (EIFFL) is an ISO 22000:2005 certified FMCG company, which was incorporated in 2009 with the objective of having an international standard FMCG brand in India. The registered office of the company is situated in Surat (Gujarat). The company commenced operations in 2012 and got listed on NSE in 2017.   

EIFFL is engaged in the manufacturing of high-quality, ready-to-eat snacks, savouries, and beverages. The company manufactures snacks like potato chips, fried and baked extruded products, namkeen, cookies, and beverages like packaged drinking water & juices. The company is promoted by Manharbhai Sanspara, Dinesh Sanspara, and Mahesh Mavani.   

The company has its outlets in Ahmedabad, Surat & Bhavnagar (all in Gujarat), and Mumbai (Maharashtra) along with other prominent cities, having compliances with the requisite licences & permissions from their respective authorities.   

In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition particularly, within the food processing industry. The Government of India has been instrumental in the growth & development of the food processing industry.   

Watch out for this scrip for more action in the coming days!