Ruchi Soya Industries is currently trading at Rs. 27.90, up by 0.40 points or 1.45% from its previous closing of Rs. 27.50 on the BSE.
The scrip opened at Rs. 27.60 and has touched a high and low of Rs. 29.50 and Rs. 27.60 respectively. So far 656665 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 33.20 on 28-Mar-2016 and a 52 week low of Rs. 17.75 on 25-May-2016.
Last one week high and low of the scrip stood at Rs. 29.50 and Rs. 26.00 respectively. The current market cap of the company is Rs. 935.48 crore.
The promoters holding in the company stood at 57.21%, while Institutions and Non-Institutions held 0.62% and 42.16% respectively.
Ruchi Soya Industries (Ruchi Soya) has extended tie-up with Yogrishi Baba Ramdev ji promoted Patanjali Ayurved (Patanjali) for physical refining and packaging of edible oils. Under the terms of the Agreements, the company would process the crude oil provided by Patanjali and pack the refined oil as per their specifications at its plant in Madhya Pradesh and Gujarat along with Rajasthan.
The initial agreement had been signed for Rajasthan, however, looking at the strong demand for the 3 major varieties of edible oils - soybean, sunflower, mustard oil, both the organisations have inked further agreements for processing and packaging and thereby, allowing them to rapidly scale up and further cement their positions in the Rs 1,25,000 crore edible oil market.
Ruchi Soya is a leading manufacturer and India’s largest marketer of healthier edible oils, soya food, premium table spread, vanaspati and bakery fats. It is also the highest exporter of soya meal, lecithin and other food ingredients from India.