Multibagger share: Gave a return of 342% in 5 years- The stock will be monitored on Monday

News Topical, Digital Desk : The new Goods and Services Tax (GST) rates are expected to boost demand in several sectors as prices are likely to fall sharply. Tax rates on nuts, almonds, pistachios and other dry fruits have been reduced from 12 per cent to 5 per cent, while the rate on ice cream has been reduced from 18 per cent to 5 per cent. These new rates are going to be implemented from 22 September 2025. Shares of nuts and dry fruits processing company Krishival Foods will be in focus on Monday, September 8 as sales are expected to increase in the upcoming festive season due to the Goods and Services Tax (GST) reforms.

The company gave strong returns to investors

however, due to weakness in the Indian stock market on Friday, September 5, the shares of Krishival Foods closed with a decline of about 2 percent. The shares of this small-cap company with a market cap of Rs 987.23 crore have fallen 1.6 percent in the last five trading sessions. However, the company's shares have given good returns in the long term. In the last five years, the shares of Krishival Foods have given a tremendous return of 342.5 percent to the investors. In just one month, the shares have climbed 17 percent while in six months, an increase of 81 percent has been seen. The 52-week high of the stock is Rs 473.10, while the lowest level is Rs 354. Finance Minister Nirmala Sitharaman announced GST reforms on Wednesday, September 3. Now there will be only 2 slabs of GST. Many items have been brought under zero GST system, while a large number of goods have been brought from the high slab to 5 percent or 18 percent slab. 

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