Penny stock below ₹20: FMCG share delivers over 150% return in last one year, surges 12% intraday; do you own?

A penny stock below ₹20 surged over 12 per cent in intraday trade on BSE on Wednesday, December 11, in an otherwise lacklustre market. Sarveshwar Foods share price opened at ₹10.76 against its previous close of ₹10.54 and soared as much as 12.4 per cent to the level of ₹11.85. Around 1:30 pm, the FMCG stock traded 10.8 per cent higher at ₹11.68 apiece on the BSE.

More to come…