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Promoters of Patanjali Foods to divest a 6% stake to meet minimum public shareholding requirements 

Promoters of Patanjali Foods to divest a 6% stake to meet minimum public shareholding requirements 

Patanjali Foods, the erstwhile Ruchi Soya Industries, on Wednesday, said that its promoters are planning to sell shares to institutional investors in June to meet minimum public shareholding norms.  Baba Ramdev-led Patanjali Foods Ltd acquired the erstwhile Ruchi Soya Ltd in September 2019 through a corporate insolvency resolution process.  Patanjali Foods, formerly Ruchi Soya Industries, [...]
Multibagger Stock with high FII holding reaches a fresh 52-week high; Are you holding it?

Multibagger Stock with high FII holding reaches a fresh 52-week high; Are you holding it?

Shares of KPIT Technologies gained 5.21% on Thursday’s early deals to reach a fresh 52-week high of ₹ 1,118.40 apiece on the National Stock Exchange (NSE). At 02:52 PM, its shares were trading at ₹ 1096.50 apiece.  KPIT Technologies provides automobile, engineering and mobility-based software solutions. It analyses data for diagnostics, maintenance and tracking of [...]
3 Stocks jump and hit the 20% upper circuit today; Are you holding any?

3 Fundamentally strong stocks trading at a discount of more than 30% from their 52 week high

A company is fundamentally strong in nature when it has robust financials over the years, those companies adopt strategic plans to obtain greater market share and eventually to improve their revenue, Due to different barriers or a slowdown in the economy, such companies encounter certain challenges to overcome. Listed below are three such stocks which [...]