Multibagger FMCG Stock Krishival Foods Near 52-Week High After New Industrial Property Acquisition

Multibagger FMCG Stock Krishival Foods Near 52-Week High After New Industrial Property Acquisition

The multibagger FMCG stock Krishival Foods continued to stay in focus today as the share price hovered close to its 52-week high. Investors tracking the FMCG stock have seen an extraordinary rally in recent years—one that has turned Krishival Foods shares into a long-term wealth creator.

Even with a quiet market mood, the stock managed to draw attention after the company announced a fresh acquisition that strengthens its expansion roadmap.

Market Performance: Krishival Foods Share Price Today

Krishival Foods opened the session with mild gains, inching near the ₹500 mark before slipping into a flat zone.

Key price highlights:

  • Share price touched ₹499.90, up nearly 1% in early trade.
  • The stock remains close to its 52-week high of ₹508
  • As the morning progressed, it cooled off to ₹494.40 on NSE.

Despite the intraday volatility, the Krishival Foods share price stayed in the limelight as traders evaluated the company’s latest business update.

Main News: Krishival Foods Acquires New Industrial Property

The core trigger for today’s sentiment came from the company’s announcement made on November 3.

Krishival Foods confirmed that it has acquired and taken physical possession of an industrial property located at Halkarni Industrial Area, Kolhapur (Maharashtra).

Here’s what the update includes:

  • Land acquired: Approx. 8,000 sq. meters
  • Construction included: 1,770.49 sq. meters.
  • Acquired through a SARFAESI auction by Union Bank of India
  • Physical possession was officially handed over to the company.

The company noted that the newly acquired land sits right next to its existing 5-acre MIDC land, making it strategically useful for future expansion of its nuts and food processing operations.

Company Details: Capital Decision & Rights Issue Update

Alongside the property acquisition, Krishival Foods recently shared additional corporate updates.

Two key points stood out:

  • The company deferred its rights issue, citing technical issues expected to be resolved within a month.
  • The board approved an increase in authorized share capital, moving from ₹24.5 crore (₹10 per share) to ₹30 crore.

These developments reflect the company’s ongoing adjustments as it gears up for expansion while managing administrative requirements.

Krishival Foods Share Price Overview & Long-Term Performance

The multibagger FMCG stock has built a strong reputation among investors due to its consistent performance across timeframes.

Performance snapshot:

  • 6-month return: Nearly 107%
  • 5-year return: Massive 394% surge
  • Year-to-date gain: 98%, rising from ₹249.95 to current levels

These numbers highlight why many traders keep the Krishival Foods share price today on their watchlist. The company’s consistent operational updates and strategic expansion have supported its strong market presence.

Summary

Krishival Foods remained in the spotlight after the company acquired a new industrial property in Kolhapur—an asset located next to its existing 5-acre facility. The stock moved close to its 52-week high of ₹508 in early trade before settling flat.

With a 394% five-year rally, 107% gains in six months, and a solid 98% YTD jump, the multibagger FMCG stock continues to show strong momentum. The deferred rights issue and increase in authorised capital also shaped today’s narrative around the company.

The latest update reinforces Krishival Foods’ ongoing expansion story, keeping the FMCG stock in focus for market participants tracking growth-driven companies in the Indian stock market.

Download the Samco Trading App

Get the link to download the app.

Samco Fast Trading App

Leave A Comment?