Baba Ramdev Patanjali Ayurved firm RUCHI SOYA share-strike in Argentina, Ramdev’s interest in Soya benefits, know how

Baba Ramdev’s company is benefiting from the labor strike in Argentina, the major soybean exporting country. In fact, soybean production in Argentina has come down due to the strike in the last few days. Argentina’s exports have also declined.

Soybean prices have increased in the international market due to lower exports. In addition, soybean business has also been affected by Corona’s new strain in the UK. Soybean prices are at a six-year high in the US, according to news agency Reuters. The increased prices in the international market are expected to benefit Patanjali Ayurved Group company Ruchi Soya. This is the reason that buying of Ruchi Soya shares has increased.

The stock price had fallen by more than two per cent on Tuesday’s trading day, while on Wednesday it rose by 3.87 per cent to Rs 686. At the same time, the market capital has also increased to Rs 20,294.69 crore. The day before it was at the level of 19 thousand 700 crores.

Let us tell you that on Tuesday, the shareholders of Ruchi Soya Industries Limited approved the inclusion of Yoga Guru Baba Ramdev, his younger brother Ram Bharat and Acharya Balakrishna on the board of directors of the company.

However, the company’s share price in the market remained negative on Tuesday. Explain that Ruchi Soya sells products from the Nutrilla brand. Last year itself, Baba Ramdev’s Patanjali Ayurved acquired Ruchi Soya for Rs 4,350 crore.

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