{"id":112884,"date":"2023-10-31T13:14:56","date_gmt":"2023-10-31T07:44:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112884"},"modified":"2023-10-31T13:15:02","modified_gmt":"2023-10-31T07:45:02","slug":"rice-stock-hits-5-after-it-inaugurated-its-first-organic-store-in-chandigarh","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/rice-stock-hits-5-after-it-inaugurated-its-first-organic-store-in-chandigarh\/","title":{"rendered":"Rice stock hits 5% after it inaugurated its first organic store in\u00a0Chandigarh"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2357287630\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this Micro-Cap company operating in the Agro Processing sector hit the upper 5 percent after the company opened its first Organic Store in Chandigarh.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3438017569\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>On Tuesday, Shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SARVESHWAR\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Sarveshwar Foods Ltd<\/a><\/strong> touched a 5 percent upper circuit at Rs 4.94 a share on the National Stock Exchange, The company has a market capitalization of Rs 450 crore.\u00a0<\/p><p>According to the exchange filing, Sarveshwar Foods opened its first NIMBARK Organic Store in Chandigarh from this company to expand its presence beyond the territories through its signature stores, retail counters, and online marketplaces.&nbsp;<\/p><p>\u201cNIMBARK Organic Stores\u2019are Company\u2019s Signature Stores opened and are operated by the company\u2019s subsidiary M\/s Himalayan Bio Organic Foods Limited showcase the entire range of organic food offerings in one place to provide our existing and prospective customers with an easier, more intuitive, user-friendly shopping experience&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-805231910\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The Company, besides these \u2018NIMBARK Organic Stores\u2019 a chain of its Signature Stores, sells its products through more than 700 Retail Counters in Jammu, Srinagar, Ludhiana, Chandigarh, Lucknow, Khanpur, Punjab, Delhi NCR along with Online PAN India presence.&nbsp;<\/p><p>The operational income of the company has risen by 19 percent year on year, from Rs 272 crore in FY 21-22 to Rs 324 crore in FY 22-23. During the same time period, the net has increased by 33 percent from Rs 3 crore to Rs 4 crore.&nbsp;<\/p><p>Sarveshwar Foods&#8217; operating margin has increased from 5.11 percent in FY22 to 5.84 percent in FY23, while the net profit rose from 4.88 percent to 5.66 percent during the same period.&nbsp;<\/p><p>According to the recent shareholding pattern, the company promoters hold 54.91 percent of the company, while Foreign Institutional Investors hold 3.76 percent and retail investors hold a 41.32 percent stake.&nbsp;<\/p><p>Sarveshwar Foods Limited is engaged in the business of manufacturing, trading, processing, and marketing of branded and unbranded basmati and non-basmati rice in the domestic and international markets.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-881789648\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-2361559589\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this Micro-Cap company operating in the Agro Processing sector hit the upper 5 percent after the company opened its first Organic Store in Chandigarh.&nbsp; On Tuesday, Shares of Sarveshwar Foods Ltd touched a 5 percent upper circuit at Rs 4.94 a share on the National Stock Exchange, The company has a market [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":62591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[10507,10506,948,936,10508],"class_list":["post-112884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-sarveshwar-foods-latest-news","tag-sarveshwar-foods-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-sarveshwar-foods-shares-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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