Spectrum Foods zooms on getting all permissions for resort in Pushkar
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Spectrum Foods is currently trading at Rs. 57.28, up by 4.49 points or 8.51% from its previous closing of Rs. 52.79 on the BSE.
The scrip opened at Rs. 57.99 and has touched a high and low of Rs. 57.99 and Rs. 54.01 respectively. So far 4642 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.40 on 19-Jan-2023 and a 52 week low of Rs. 17.84 on 28-Sep-2022.
Last one week high and low of the scrip stood at Rs. 57.99 and Rs. 48.00 respectively. The current market cap of the company is Rs. 27.77 crore.
The promoters holding in the company stood at 42.03%, while Non-Institutions held 57.97% stake in the company.
Spectrum Foods has received all necessary permissions from Government Department for construction of 185 rooms for upcoming luxury resort project in Pushkar, Rajasthan. This new project is set to be a major attraction in the region, offering high-end amenities and world-class hospitality to the guests.
Spectrum Foods is committed to ensure that the resort is constructed with the highest quality materials and in adherence to strict safety standards. The company has already started construction of this project at Pushkar Site and it will be completed within period of 18-24 months.
Spectrum Foods is engaged in the manufacture and sale of spices and industrial salt in India. It is also involved in the share trading activities. The company is based in Jaipur, India.
