Edible oil firm's stock surges 20% after pact with Patanjali
Edible oil manufacturer Ruchi Soya's shares surged nearly 20% on Monday after the firm announced it has signed agreements with Baba Ramdev-promoted Patanjali Ayurved for physical refining and packaging of edible oils. Ruchi Soya is currently the country's leading agriculture and food FMCG company with a turnover of $4 billion. Its leading brands include Nutrela, Mahakosh and Sunrich, among others.