{"id":78449,"date":"2022-12-19T17:55:00","date_gmt":"2022-12-19T12:25:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=78449"},"modified":"2022-12-19T18:38:39","modified_gmt":"2022-12-19T13:08:39","slug":"multibagger-stock-zoomed-9-97-amid-plans-to-raise-funds","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-zoomed-9-97-amid-plans-to-raise-funds\/","title":{"rendered":"Multibagger stock zoomed 9.97% amid plans to raise funds"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1006281551\"><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 Sarveshwar Foods rallied 9.97% to reach an intraday high of \u20b9 91.55 apiece on the National Stock Exchange (NSE), against the previous close of \u20b9 83.25 on the National Stock Exchange (NSE). Its shares got locked at an upper circuit.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-402907836\"><!-- 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>Sarveshwar Foods is engaged in the manufacturing, trading and export of Basmati rice and non-basmati rice. It also offers organic foods under the brand name Nimbark.&nbsp;<\/p><p>The company informed the bourses that it cleared the allotment of 45 lakh equity shares to non-promoters at an issue price of \u20b9 81 per share, and up to 36.6 lakh fully convertible warrants to promoters &amp; non-promoters at an issue price of \u20b9 81 per warrant.&nbsp;<\/p><p>In addition, the board gave its nod to increase the authorized share capital of the company from \u20b9 30 crore to \u20b9 35 crore and consequent amendment in Clause V of the memorandum of association of the company.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2833815284\"><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\u2019s shares migrated from the NSE SME Platform to the NSE Mainboard Platform, as well as from the BSE SME Platform to the BSE Mainboard Platform, with effect from Thursday, December 08, 2022.&nbsp;<\/p><p>Sarveshwar Foods is a small-cap company with a market capitalization of \u20b9 221 crores. It has given multibagger returns of 289.57% in the past year. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been \u20b9 3.90 lakhs today.&nbsp;<\/p><p><strong>Written by Simran Bafna\u00a0<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3428498613\"><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 Sarveshwar Foods rallied 9.97% to reach an intraday high of \u20b9 91.55 apiece on the National Stock Exchange (NSE), against the previous close of \u20b9 83.25 on the National Stock Exchange (NSE). Its shares got locked at an upper circuit.&nbsp; Sarveshwar Foods is engaged in the manufacturing, trading and export of Basmati [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69895,"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":[4865,31],"tags":[],"class_list":["post-78449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"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>Multibagger stock zoomed 9.97% amid plans to raise funds - Trade Brains Features<\/title>\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\/multibagger-stock-zoomed-9-97-amid-plans-to-raise-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger stock zoomed 9.97% amid plans to raise funds\" \/>\n<meta property=\"og:description\" content=\"The shares of Sarveshwar Foods rallied 9.97% to reach an intraday high of \u20b9 91.55 apiece on the National Stock Exchange (NSE), against the previous close of \u20b9 83.25 on the National Stock Exchange (NSE). 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