Krishival Foods rises, GST cut to boost festive season demand
On Thursday, shares of Krishival Foods Ltd rose 0.9% to ₹466 from ₹461.95, nearing its 52-week high of ₹473.10. The firm will join Arihant Capital’s “Bharat Connect” on September 24. GST on specified nuts, dried fruits fell from 12% to 5%, and ice cream from 18% to 5%; a move expected to significantly boost sales ahead of the festive season