Sarveshwar Foods rises on entering into MoU with German technology company
Sarveshwar Foods is currently trading at Rs. 7.67, up by 0.04 points or 0.52% from its previous closing of Rs. 7.63 on the BSE.
The scrip opened at Rs. 7.56 and has touched a high and low of Rs. 7.88 and Rs. 7.56 respectively. So far 179113 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 11.65 on 11-Sep-2024 and a 52 week low of Rs. 5.34 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 7.99 and Rs. 7.30 respectively. The current market cap of the company is Rs. 942.43 crore.
The promoters holding in the company stood at 51.43%, while Institutions and Non-Institutions held 0.06% and 48.51% respectively.
Sarveshwar Foods has entered into a strategic Memorandum of Understanding (MoU) with a German technology company to bring in next-generation solutions for rice storage, preservation, and preparation. The MoU is for CO2-based storage system to preserve rice freshness without chemical preservatives; Reusable cocoons for storage, reducing contamination and waste; Smoke generator technology to create a premium smoky flavour, catering to international demand; Supports global expansion by enhancing product differentiation in Europe, the Middle East, and North America.
These technologies are set to strengthen the company’s premium product portfolio while aligning with its long-term strategy of innovation, sustainability, and global competitiveness. By blending traditional expertise with advanced solutions, the company aims to accelerate export growth, build deeper consumer trust, and capture new market opportunities.
Sarveshwar Foods is engaged in the business of processing and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets.
