Shares of Baba Ramdev's company crashed
Shares of Baba Ramdev's company crashed

New Delhi: Shares of yoga guru Baba Ramdev's company Ruchi Soya Share Price fell up to 17 per cent in early trade on Monday. The company's stock has seen such a steep fall after the company fixed the price band of the FPO. The company has set a price band of Rs 615-650 per share for the upcoming follow-on offer (FPO).

On the Bombay Stock Exchange (BSE) on Thursday, the company's stock had settled at rs 1,004.45. After which, the company's stock opened at Rs 831, down 17.27 per cent in early trade on Monday. However, it later saw a slight improvement. At 09:41 am, the share price of Ruchi Soya on the BSE was trading 11.53 per cent lower at Rs 888.60. Let us know that the stock of Ruchi Soya has seen a jump of 4.13% since this year. At the same time, in one year, this stock has strengthened by 33.59 percent.

However, the recent fall in shares has brought down the company's market cap on the BSE to Rs 26,235 crore. The stock had climbed to Rs 1,377 on June 9, 2021. This is the stock's 52-week high. On the other hand, on April 22, 2021, the stock had slipped to Rs 619. This is the 52 week low of this stock.

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