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Ruchi Soya stock zooms 19% in two sessions despite FPO bid recall option

Shares of Ruchi Soya rose for the second straight session today despite the company filing an FIR in Haridwar to investigate the source of SMSs advising investors to participate in its follow on public offer (FPO). The development came after the market regulator SEBI, on March 28, asked the Baba Ramdev-led firm to provide an option to all investors (except anchor investors) in its follow-on public offer (FPO) to withdraw their bids due to "circulation of unsolicited SMSs advertising the issue". ....

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Ruchi Soya FPO price band set at ₹615 to ₹650 per share

The follow-on public offer of Ruchi Soya will open on March 24 for subscription. ....

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Stocks in the news: HDFC, Ruchi Soya, GIC, Ircon and IRCTC

Stocks in the news: HDFC, Ruchi Soya, GIC, Ircon and IRCTC
SECTIONS
Last Updated: Jun 30, 2021, 09:26 AM IST
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Synopsis
Ircon, Swan Energy, Dish TV India, BF Utilities, Prime Focus, Anant Raj, Andhra Sugars and Sadbhav Engineering will announce their March quarter results today.
Stocks in focus: Finolex Cables, EID Parry (India), RVNL, HDFC, Ruchi Soya and IRCTC
Nifty futures on the Singapore Exchange traded 42 points, or 0.27 per cent lower at 15,829.50, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks which may buzz the most in today s trade:
Ircon,
Sadbhav Engineering and Arshiya are among the companies that will announce their March quarter results today. ....

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