Small-cap Stock Rises Over 2% Despite Dull Market; Nears 52-Week High Post EGM

Small-cap Stock Rises Over 2% Despite Dull Market; Nears 52-Week High Post EGM

Small-cap player Krishival Foods Ltd saw its share price rally more than 2 per cent during morning trades on Friday, bucking the flat trend on Dalal Street. The rally followed the company’s Extraordinary General Meeting (EGM) held on 26 June, and came despite marginal movements in the S&P BSE Sensex, which remained subdued through the session. The stock opened at ₹404, up slightly from the previous close of ₹400.40, before climbing to an intraday high of ₹409, bringing it within striking distance of its 52-week high of ₹435.5, recorded on 23 June. The sharp move comes amid important corporate updates. The trading window for Krishival Foods’ equity shares will be closed from 1 July 2025 for all designated persons, pending the declaration of unaudited financial results for the quarter ended 30 June 2025. This is standard corporate governance practice, aiming to avoid insider trading during sensitive reporting periods. Additionally, the BSE has recently categorised Krishival Foods under the “T” Group Securities, effective 20 June 2025. This designation restricts the stock to delivery-based trading, meaning no intraday trades are allowed and all transactions must result in actual transfer of shares. While the classification can limit short-term speculative activity, it also signals increased regulatory scrutiny, often associated with transparency or stability measures. Krishival Foods’ continued strength amid broader weakness may reflect investor confidence stemming from its recent corporate governance measures and strategic clarity following the EGM. Analysts will be watching closely as the company prepares to release its quarterly numbers in July, which could set the tone for future price action. Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.

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