Ruchi Soya Industries is currently trading at Rs. 20.70, up by 0.10 points or 0.49% from its previous closing of Rs. 20.60 on the BSE.
The scrip opened at Rs. 20.70 and has touched a high and low of Rs. 20.90 and Rs. 20.60 respectively. So far 27608 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 44.65 on 07-Jul-2015 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. 21.70 and Rs. 19.90 respectively. The current market cap of the company is Rs. 691.59 crore.
The promoters holding in the company stood at 56.83%, while Institutions and Non-Institutions held 5.23% and 37.94% respectively.
Ruchi Soya Industries has received approval from the Karnataka government to set up multiple new facilities in the food and agri-business sector in Dakshina Kannada district. The company will set up multi-location palm fruit and kernel processing units producing edible oil, palm kernel cake, palm kernel oil and solar power in Dakshina Kannada district and will also set up a nursery to produce high-yielding varieties of plant species and creating awareness about oil palm cultivation.
The company will establish a complete and integrated value chain. The new facilities will offer employment to over 17,000 people including farmers, contract farming and agricultural workers. The company had entered into an agreement with Karnataka government in November 2015, for setting up these facilities.
Ruchi Soya is India’s leading FMCG Company, India’s number one cooking oil and soy food maker and marketer. It is also the highest exporter of soya meal, lecithin and other food ingredients from India.
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