Patanjali shares extend rally for third straight session as Adani investor GQG buys stake
Rajiv Jain-led GQG has acquired a 5.96% stake, or about 2.15 crore shares, in Patanjali Foods in the recently concluded offer for sale (OFS) of the FMCG company.
Patanjali Foods shares fall 5% after promoter launches OFS at 18.6% discount
The OFS, at floor price of ₹1,000 apiece, will fetch around ₹3,258 crore to Baba Ramdev-led Patanjali Ayurved.
Patanjali to launch 4 more IPOs in next five years: Baba Ramdev
The four companies that will list on the bourses include - Patanjali Ayurved, Patanjali Medicine, Patanjali Wellness and Patanjali Lifestyle.
Ruchi Soya Q4 results: Net profit drops 25% to ₹234 crore
The Patanjali-owned company's revenue from operations rose 37.72% year-on-year to ₹6,663.72 crore in Q4.
Ruchi Soya renamed as Patanjali Foods; stock surges
The Patanjali Ayurved-owned company became debt-free after it repaid ₹2,925 crore worth of loans to banks.
Ruchi Soya stock surges 20% despite FPO facing hurdle; here’s why
Shares of Ruchi Soya rallied as much as 20% even after its ₹4,300 crore follow-on public offering faces a regulatory hurdle.
Ruchi Soya onboards anchor investor with a past
Authum Investment picks up 12.69 lakh shares in anchor placement.
Millets will be ₹1 lakh crore business: Patanjali's Baba Ramdev
"Ruchi Soya-Patanjali will be bigger than HUL. We will beat them in both turnover as well as EBITDA."
From ₹17 to ₹945: This FMCG stock rallied 5,500% in 2 years!
Shares of this Baba Ramdev’s Patanjali-owned company have registered a 55x growth in a short span of two years since its relisting at ₹17 apiece on January 27, 2020.