Sarveshwar Foods shares soared by 5% after securing a major export order for 5,350 metric tons of premium Basmati rice valued at $5.84 million (approximately ₹498 million). This order comes from I SIFOL LLC, a leading U.S.-based distributor renowned for its vast network across ethnic retail outlets, mainstream supermarkets, and over 1,500 restaurants.
Operating in the U.S. since 2008, I SIFOL LLC is known for its rigorous adherence to USDA and FDA standards. By selecting Sarveshwar Foods as a top-rated supplier, the distributor has underscored the company’s commitment to delivering quality products and meeting strict delivery timelines.
Sarveshwar Foods opened at ₹10.03, hitting a high of ₹10.45 today. Despite trading significantly below its 52-week high of ₹15.55, the stock remains up from its 52-week low of ₹4.50.
As of 9:25 am, Sarveshwar Foods shares were trading 5.98% higher at Rs 10.45 on the NSE.
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