Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 14 2017

​Ruchi Soya Industries surges over 17 percent after tying up with Patanjali Ayurveda

Ruchi Soya will process and pack the crude oil provided by Patanjali Ayurved as per their specifications, the company said in a release.

Shares of Ruchi Soya Industries has surged over 17 per cent after the company signed an agreement with Patanjali Ayurved for physical refining and packaging of edible oils.

The scrip skyrocketed 16.34 per cent to settle at Rs 29.90 on BSE. During the day, it zoomed 19.84 per cent to Rs 30.80.

At NSE, shares of the company jumped 17.28 per cent to end at Rs 30.20.

Under the agreement, Ruchi Soya will process and pack the crude oil provided by Patanjali Ayurved as per their specifications, the company said in a release.

Ruchi Soya currently has the largest edible oil refining capacity in India of 3.3 million metric tonnes per annum across 13 facilities.

It is the country's leading agriculture and food FMCG Company with a turnover of USD 4 billion. Its leading brands include Nutrela, Mahakosh, Sunrich, Ruchi Star and Ruchi Gold.

Comment
image
Related opportunities
  • About Us: Cyber Security Academy (CSA) is a brand of SkillCube...
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 1300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Furniture/Home Decor & Furnishing
    About Us: INSTA DECOR is a Interior design consortium headed by..
    Locations looking for expansion New Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • About Us: Mandalas Impresa - A vision of understanding the culinary..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Cosmetics & Beauty Product Stores
    About Us:  Incorporated in 2010, at Mumbai (Maharashtra, India), we &ldquo..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities