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Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 crore

New Delhi, June 13
Edible oil firm Ruchi Soya, which is owned by Ramdev-led Patanjali Ayurveda, has filed draft document with SEBI to launch a follow-on public offer (FPO) for raising up to Rs 4,300

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65% jump in a month! Ruchi Soya seeks to add heft with healthy food


65% jump in a month! Ruchi Soya seeks to add heft with healthy food
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Synopsis
Ruchi Soya has soared some 75% in the last one year.
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NEW DELHI: Shares of Ruchi Soya hit upper circuit on Thursday after the company announced its foray into nutraceuticals & wellness products. The company will initially launch 10 products under the brand Patanjali and Nutrela .
The scrip soared 5 per cent to hit to settle at Rs 1,137.50 on Thursday. BSE Sensex closed at a record 52,232, up by 383 points or 0.74 per cent.
Ruchi Soya has soared some 75 per cent in the last one year, with over 65 per cent gain from Rs 690.4 to Rs 1,137.5 coming in the last one month. However, it is still over 25 per cent shy of its all-time peak at Rs 1,535, which it had scaled in June 2020.

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