Patanjali Group advancing to the next place..!?

One of India's leading business conglomerates is baba Ramdev's Patanjali Group. It is continuously expanding its business. It is now planning to enter the next phase of its business. baba Ramdev's 4 companies are planning to do their IPO. So it is expected that Patanjali group companies will enter the stock market soon. In an interview with Zee business, Ramdev said that companies including Patanjali ayurveda, Patanjali Wellness, Patanjali Medicine, and Patanjali lifestyle will be listed on the stock market in the next 5 years. In 2019, Patanjali ayurveda was acquired by Ruchi Soya Company for Rs 4350 crore. The company is already listed on the stock exchange. This changed the name of the company to Patanjali Foods.The share price of Patanjali Foods hit a 52-week high on Friday. It is noteworthy that the 52 peak price was 1380.35 rupees. Its 52-week high touched Rs.1400. Its 52-week low price was Rs 700.05. Meanwhile, brokerage firms predicted that the stock price could touch Rs 1725. Patanjali Foods is one of the top 5 companies in India. It is also one of the leading edible oil companies in India.It is noteworthy that a palm mill was established in Arunachal Pradesh on august 31. Patanjali, which is continuously expanding its business, plans to enter the stock market to raise the necessary financial investments for its next phase of development.
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Sowmiya Sriram

13/09/2022 01:36 PM