Baba ramdev led patanjali foods stock price down to 5 percent detail here – Business News India
read on appOn Thursday, there was a sell-off in the stock of Patanjali Foods, a company listed in the stock market of Yoga guru Ramdev. During the trading, the share price of
Patanjali Foods came down to Rs 1286.30, which shows a decline of 5 percent. At the end of trading, the share price stood at Rs 1292.65, which is a decline of 4.15%. Talking about
the market cap, it is Rs 46,793.26 crore. Let us tell you that this year Ruchi Soya has been renamed as Patanjali Foods. In 2019, Patanjali Ayurved had acquired Ruchi Soya for Rs
4,350 crore in a resolution process. This company was already listed on the stock exchange. What is the reason: In fact, citing 'misleading advertisements', the Ayurveda and Unani
Licensing Authority, Uttarakhand has asked Divya Pharmacy, which manufactures Patanjali's products, to stop the production of five medicines. Their names are BPgrit, Madhugrit,
Thyrogrit, Lipidome and Igrit Gold. Read this-Amazing share of ₹ 10, after a short wait, investors got 400% return
This plan of Patanjali group: Initial public
offerings (IPOs) of four companies of Ramdev's Patanjali group will also be brought. In the past, the company has said that Patanjali Ayurved, Patanjali Wellness, Patanjali
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Medicine and Patanjali Lifestyle Company's IPO will come.
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