Multibagger FMCG stock jumps 4.6 per cent as Board to mull First-Ever Bonus Issue of Shares

DSIJ Intelligence-1 / 15 Jul 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending

Multibagger FMCG stock jumps 4.6 per cent as Board to mull First-Ever Bonus Issue of Shares

The stock is up by 13.7 per cent from its 52-week low of Rs 1,541 per share and has given multibagger returns of over 4,600 per cent in a decade.

On Tuesday, shares of Patanjali Foods Ltd jumped 4.6 per cent to an intraday high of Rs 1,751.70 per share from its previous closing of Rs 1,675.35 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 saw a spurt in volume by more than 3 times on the BSE.

The company inform you that a meeting of the Board of Directors is scheduled to be held on Thursday, July 17, 2025, inter alia, to consider a proposal for the issue of bonus shares subject to approval of the shareholders of the Company.

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.

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The company has a market cap of over Rs 63,000 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 13.7 per cent from its 52-week low of Rs 1,541 per share and has given multibagger returns of over 4,600 per cent in a decade.

Disclaimer: The article is for informational purposes only and not investment advice.