
Patanjali Foods stock falls 5% as bourses freeze promoter shares
Promoter shareholding in Patanjali Foods currently stands at 80.82%.
Promoter shareholding in Patanjali Foods currently stands at 80.82%.
The four companies that will list on the bourses include - Patanjali Ayurved, Patanjali Medicine, Patanjali Wellness and Patanjali Lifestyle.
The Patanjali-owned company's revenue from operations rose 37.72% year-on-year to ₹6,663.72 crore in Q4.
The Patanjali Ayurved-owned company's stock jumped 14.71% to ₹938 apiece on the National Stock Exchange.
"Ruchi Soya-Patanjali will be bigger than HUL. We will beat them in both turnover as well as EBITDA."
We are neither facing a financial crisis nor a slowdown, says founder of the swadeshi FMCG major.
Patanjali Group aims to overtake multinational giant HUL as India's No.1 FMCG company. Baba Ramdev unveils the ambition.
Baba Ramdev claimed that he doesn’t have a bank account. “There is no need for it,” he tells Fortune India, while speaking on Patanjali’s upcoming follow-on public offering for Ruchi Soya Industries.
If the biggest has to grow bigger, business as usual barely suffices. It calls for fresh thinking and the gumption to try new things. Under Sanjiv Mehta’s leadership, HUL is showing just that.
Dabur India sees a 4.1% rise in net profit to Rs 377 crore in second quarter, up from Rs 362 crore a year earlier.