{"id":115859,"date":"2023-12-19T16:38:40","date_gmt":"2023-12-19T11:08:40","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115859"},"modified":"2023-12-19T16:40:39","modified_gmt":"2023-12-19T11:10:39","slug":"stock-jumps-8-7-after-it-grants-license-to-private-companies-for-manufacturing-ayurvedic-products","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-8-7-after-it-grants-license-to-private-companies-for-manufacturing-ayurvedic-products\/","title":{"rendered":"Stock jumps 8.7% after it grants license to private companies for manufacturing ayurvedic products"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3804098374\"><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 share price of this micro-cap jumped by 8.7 percent to Rs 97.90 a share after the company granted a license to private companies for manufacturing Ayurvedic products.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4336559\"><!-- 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, Source Natural Foods &amp; Herbal Supplements Ltd&#8217;s share closed at Rs 97 per share, up 7.80 percent from the previous close price. The company has a market capitalization of Rs 63 crore.&nbsp;<\/p><p>According to the exchange filing, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/531398\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Source Natural Foods &amp; Herbal Supplements Ltd<\/a><\/strong> granted approval for the following to manufacture and market two nasal spray ayurvedic medicines.\u00a0<\/p><p>Indus Biotech Pvt. Ltd received a Loan License to manufacture Avalife Breazy Nasal Spray and Avalife Breazy Nasal Spray by AYUSH.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-353728103\"><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>In addition to this, From Lozet Pharma Pvt. Ltd received approval from Curfee Powder Sachets by FSSAI.&nbsp;<\/p><p>The company\u2019s revenue has decreased yearly, from Rs 21.53 crore in Q2FY23 to Rs 19.79 crore in Q2FY24. During the same timeframe, Net profit has increased from Rs 2.43 crore to Rs 2.12 crore.&nbsp;<\/p><p>In a recent fiscal year, the company reported a net profit margin of 10.72 percent and an operating margin of 15.01 percent. In addition, the company\u2019s return on equity is at 11.97 percent, and the return on capital employed is at 16.26 percent.&nbsp;<\/p><p>In FY23, the Company received 1% of its income from exports and 99% of its revenue from domestic sales.&nbsp;<\/p><p>As of the recent shareholding pattern, the company promoter holds a 74.37 percent stake in the company and retail investors hold a 25.62 percent stake in the company.&nbsp;<\/p><p>Source Natural Foods and Herbal Supplements Ltd provides Ayurveda, Health and Dietary Supplements, and Food Products. The company\u2019s Product portfolio includes BeveragesSupplements, Single Herbs, and Churnas.<\/p><div class=\"trade-content-10\" id=\"trade-2963861583\"><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><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-after-content\" id=\"trade-2696389345\"><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 share price of this micro-cap jumped by 8.7 percent to Rs 97.90 a share after the company granted a license to private companies for manufacturing Ayurvedic products.&nbsp; On Tuesday, Source Natural Foods &amp; Herbal Supplements Ltd&#8217;s share closed at Rs 97 per share, up 7.80 percent from the previous close price. The company has [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69898,"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":[15268,15267,948,936,15269],"class_list":["post-115859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-source-natural-foods-latest-news","tag-source-natural-foods-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-source-natural-foods-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps 8.7% after it grants license to private companies for manufacturing ayurvedic products - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The share price of this micro-cap jumped by 8.7 percent to Rs 97.90 a share after the company granted a license to private companies for manufacturing Ayurvedic products.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-8-7-after-it-grants-license-to-private-companies-for-manufacturing-ayurvedic-products\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps 8.7% after it grants license to private companies for manufacturing ayurvedic products\" \/>\n<meta property=\"og:description\" content=\"The share price of this micro-cap jumped by 8.7 percent to Rs 97.90 a share after the company granted a license to private companies for manufacturing Ayurvedic products.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-8-7-after-it-grants-license-to-private-companies-for-manufacturing-ayurvedic-products\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-19T11:08:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-19T11:10:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-8-7-after-it-grants-license-to-private-companies-for-manufacturing-ayurvedic-products\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-8-7-after-it-grants-license-to-private-companies-for-manufacturing-ayurvedic-products\/\",\"name\":\"Stock jumps 8.7% after it grants license to private companies for manufacturing ayurvedic products - 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