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Shares of fast moving consumer goods (FMCG) company Krishival Foods are in focus today as the company has informed exchanges that its board has deferred the decision to raise funds through rights issue sighting technical issues. “The Board of Directors of the Company (“Board”) have deemed it prudent and in the best interest of the Company to defer the Rights Issue due to certain technical issues which is expected to be resolved within a month” the filing reads. Meanwhile the company has also approved the increase in authorised share capital of the company from existing Rs 245000000 of Rs 10 per share to Rs 300000000. The firm also said that it has approved the notice for extra-ordinary meeting of the members that is scheduled to be held on November 21 2205. The counter opened in green at Rs 493 against the previous close of Rs 492.55 on the BSE. Later it jumped to touch the high of Rs 494 a jump of 0.29 per cent or Rs 1.45 from the previous close. The market cap of the company stood at Rs 1101.38. On the National Stock Exchange (NSE) the stock started the trading session at Rs 493.35 and touched the high of Rs 494.80. The 52-week high of the stock is Rs 508 hit on October 23 2025 and a 52-week low of Rs 211. Stock market benchmark indices Sensex and Nifty bounced back in early trade on Wednesday tracking a rally in global peers amid hopes of a rate cut by the US Federal Reserve and fresh foreign fund inflows. The 30-share BSE Sensex climbed 287.94 points to 84916.10 in early trade. The 50-share NSE Nifty went up by 86.65 points to 26022.85. From the Sensex firms Asian Paints Tata Steel Trent Larsen & Toubro State Bank of India and Adani Ports were among the major gainers. However Mahindra & Mahindra Bajaj Finance Eternal and Axis Bank were among the laggards.