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Source Natural Foods touches roof on planning to avail loan from HDFC Bank

03 Apr 2019 Evaluate

Source Natural Foods and Herbal Supplements is currently trading at its upper limit of Rs. 50.55, up by 2.40 points or 4.98% from its previous closing of Rs. 48.15 on the BSE.

The scrip opened at Rs. 50.55 and has touched a high and low of Rs. 50.55 and Rs. 50.55 respectively.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.00 on 12-Apr-2018 and a 52 week low of Rs. 34.55 on 11-Mar-2019.

Last one week high and low of the scrip stood at Rs. 50.55 and Rs. 39.75 respectively. The current market cap of the company is Rs. 32.54 crore.

The promoters holding in the company stood at 74.37%, while Non-Institutions held 25.63% stake in the company.

Source Natural Foods and Herbal Supplements is planning to avail loan for the purpose of purchase of vehicle from HDFC Bank. The Meeting of Board of Directors of the Company will be held on April 05, 2019, to consider the same.

Source Natural Foods and Herbal Supplements is engaged in the manufacture of antibiotics, norfloxacin, pefloxacin, enrofloxacin and electrolyte supplements. 

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