Fund-Raising & GST rate cut boosts Krishival Foods stock
On Friday, Krishival Foods Limited shares surged 0.21% to ₹470 per share from ₹469. The Board approved fundraising options like a public issue or QIP to strengthen the capital base. A dedicated Fund-Raising Committee was constituted. GST rate reduction (nuts, dried fruits: 12% to 5%; ice cream: 18% to 5%) is expected to significantly boost sales.