{"id":43442,"date":"2022-05-18T17:46:00","date_gmt":"2022-05-18T12:16:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=43442"},"modified":"2022-05-18T17:43:59","modified_gmt":"2022-05-18T12:13:59","slug":"biz-stocks-ruchisoya-3","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-ruchisoya-3\/","title":{"rendered":"Ruchi Soya stock jumps 10%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2227059801\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Ruchi Soya Industries Ltd jumped 10 per cent on Wednesday as Patanjali Ayurved decided to sell its food retail business to the firm.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1461527337\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The stock zoomed 9.59 per cent to settle at Rs 1,186.85 on the BSE. During the day, it rallied 10 per cent to Rs 1,191.30.<\/p>\n<p>On the NSE, it jumped 9.99 per cent to finish at Rs 1,192.15.<\/p>\n<p>In volume terms, 8.38 lakh shares were traded on the BSE and over 1.68 crore shares on the NSE during the day.<\/p><div class=\"trade-content_5\" id=\"trade-2097037685\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Ramdev-led Patanjali Ayurved will sell its food retail business to group firm Ruchi Soya Industries for Rs 690 crore as part of its strategy to focus on non-food, traditional medicine and wellness business.<\/p>\n<p>Patanjali Ayurved had acquired Ruchi Soya through an insolvency process.<\/p>\n<p>In a regulatory filing, Ruchi Soya said it has entered into a &#8220;Business Transfer Agreement&#8221; with Patanjali Ayurved to acquire the food retail business of the latter as a going concern on a slump sale basis.<\/p>\n<p>The food retail business of Patanjali Ayurved consists of manufacturing, packaging, labelling and retail trading of certain food products along with manufacturing plants located at Padartha, Haridwar, and Newasa, Maharashtra. PTI SUM SHW ANU ANU<\/p>\n<div class=\"trade-after-content\" id=\"trade-646947503\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Ruchi Soya Industries Ltd jumped 10 per cent on Wednesday as Patanjali Ayurved decided to sell its food retail business to the firm. The stock zoomed 9.59 per cent to settle at Rs 1,186.85 on the BSE. During the day, it rallied 10 per cent to Rs 1,191.30. On the NSE, it jumped [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":28955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-43442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ruchi Soya stock jumps 10% - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-stocks-ruchisoya-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ruchi Soya stock jumps 10%\" \/>\n<meta property=\"og:description\" content=\"Shares of Ruchi Soya Industries Ltd jumped 10 per cent on Wednesday as Patanjali Ayurved decided to sell its food retail business to the firm. 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