Support and Resistance Levels
Past performance
About Patanjali Foods Ltd Patanjali Foods Ltd., formerly Ruchi Soya Industries Ltd., is an Indian company engaged primarily in oilseed processing, crude oil refining for edible use, and the production of soya-based food products. Acquired by Patanjali Ayurved Limited in 2019 and rebranded in 2022, the company has a robust history in the edible oils and soya foods sector, leading in the Indian market. It operates several plants across India and has expanded its portfolio to include Fast-Moving Consumer Goods (FMCG) and Fast-Moving Health Goods (FMHG), focusing on nutraceuticals and wellness products.
The company has strategically expanded by acquiring food businesses from its promoter, Patanjali Ayurved Limited, including biscuits, noodles, and breakfast cereals, enhancing its FMCG footprint. Patanjali Foods Ltd. maintains compliance with public shareholding norms following a significant public share offering, which increased public ownership to 25%. The company is recognized as a 'Great Place to Work' and continues to lead in innovation within its sector.