Multibagger FMCG stock gains over 17 per cent in just 1 week: Board announces first-ever 2:1 bonus issue of shares!
DSIJ Intelligence-1 / 18 Jul 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending
The stock is up by 26 per cent from its 52-week low of Rs 1,541 per share and has given multibagger returns of over 5,300 per cent in a decade.
On Friday, shares of Patanjali Foods Ltd gained 1.80 per cent to Rs 1,944.05 per share from its previous closing of Rs 1,909.75 per share. The stock’s 52-week high is Rs 2,030 per share and its 52-week low of Rs 1,541 per share. The shares of the company jumped over 17 per cent this week & today saw a spurt in volume by more than 1.90 times on the BSE.
The Board of Directors recommended a bonus issue of equity shares in a 2:1 ratio, meaning two new fully paid-up equity shares of Rs 2 each for every one existing fully paid-up equity share of Rs 2. This issuance, subject to shareholder approval, will capitalise the capital redemption reserve, securities premium, and/or general reserve. Approximately 72,50,12,628 new equity shares will be issued as bonus shares. This will increase the company's paid-up share capital from Rs 72,50,12,628 (36,25,06,314 shares) to Rs 217,50,37,884 (108,75,18,942 shares) post-bonus issue. The exact number of bonus shares will be determined based on the fully paid-up equity shares on the record date.
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Patanjali Foods Limited, formerly known as Ruchi Soya Industries Ltd, is an Indian multinational fast-moving consumer goods (FMCG) company specialising in the food industry, headquartered in Indore, India, and part of the Patanjali Ayurved group. The company, which was acquired by Patanjali Ayurved in 2019, is a prominent player in edible oils and soya food and has expanded its portfolio to include a diverse range of products such as biscuits, cookies, noodles, breakfast cereals and nutraceuticals under brands like Patanjali, Nutrela, Mahakosh, Sunrich and Ruchi Gold.
The company has a market cap of over Rs 70,000 crore and has been maintaining a healthy dividend payout of 26.9 per cent. The shares of the company have a PE of 49x, an ROE of 12 per cent and an ROCE of 16 per cent. The stock is up by 26 per cent from its 52-week low of Rs 1,541 per share and has given multibagger returns of over 5,300 per cent in a decade.
Disclaimer: The article is for informational purposes only and not investment advice.