Bengaluru, Dec. 17 -- The shares of this rice stock is engaged in processing, milling, branding and exporting premium Basmati rice, jumped upto 10 percent in a day's trading session upon securing approval to develop Basmati rice farming and processing project.

With the market capitalization of Rs. 528 Crores, the shares of Sarveshwar foods has reached an intraday high of Rs. 4.65 per equity share rising nearly 10 percent from the previous day close of Rs. 4.23 per share.

What is the NEWS:

Sarveshwar Foods has recently received in-principle approval from a Jammu & Kashmir government agency for a Rs.197.29 crore project aimed at developing Basmati rice farming and processing in the region. The project is part of the Holistic Agriculture ...