HighPositive
Announced Thu, 23 Jul · 18:19 IST
Newly-listed SME stock DSM Fresh Foods jumps over 30% in 2 days after reporting a 58% YoY jump in Q1 revenue
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
DSM Fresh Foods surged about 32% in two consecutive sessions after reporting a 58% YoY jump in Q1FY27 revenue to around ₹74 crore. The SME-listed stock hit an intraday high of ₹92.50 and closed at ₹89.50, gaining 11.17% on Thursday after an 18.50% rally in the prior session. The company also expanded its retail footprint to approximately 200 co-branded outlets, surpassing its FY27 target of 150 ahead of schedule, and reiterated its long-term goal of achieving ₹600 crore revenue by FY28 with 18-20% EBITDA margins.