Vidhi Specialty Food hits new record high; stock zooms 52% in one week

The management believes that there is a robust demand for the company's product in the market and demand-supply gap will exist with very few players in the industry.

Shares of Vidhi Specialty Food Ingredients hit a new high of Rs 213.55, up 13 per cent on the BSE in the intra-day trade on Monday, as buyers lined-up at the counter to buy the stock on expectation of strong demand for its products.

The stock has rallied 52 per cent in the past one week as compared to a 1.7 per cent decline in the S&P BSE Sensex. At 11:45 am, it was trading 10 per cent higher at Rs 208, as against a 0.62 per cent decline in the benchmark index. Trading volumes on the counter more-than-doubled