Patanjali’s Path To Profits: 25,856% Returns In 3 Years
If you had invested ₹1 lakh in Patanjali in September 2019, then you could have had a profit of ₹2.59 crore today! This multibagger gave its investors whopping returns of 25,856% in 3 years. Here’s a closer look at the company.
🧺 Stock Name: Patanjali Foods Ltd.
🧺 NSE: $PATANJALI
🌟 About The Company
Patanjali Foods, formerly known as Ruchi Soya Industries was founded in 1986. It has become an integrated player in the edible oil business with a presence across the entire value chain, from farm to fork. Today, it is among the top FMCG players as one of the leading manufacturers & marketers of edible oils and soya foods in India. Additionally, it boasts of having one of India’s biggest palm plantation businesses.
They house brands like:
🍴 Ruchi Gold
💪🏼 Mission Atma Nirbhar
◾ It has taken up the initiative to reduce the imports of edible oils and make India self-reliant. This is possible with the government’s help in restricting palm oil imports and increasing the minimum support prices domestically.
◾ It has successfully built a strong value chain with the help of Indian farmers by working with them to increase the yield of palm fruits.
🌎 National Presence
◾ Has manufacturing operations in 22 locations in India which are near ports and strategic inland locations for sourcing and distribution of raw materials, as well as finished products.
◾Is well-poised to expand into other food segments through organic and inorganic growth. Also, it is looking into expanding its online presence by collaborating with e-commerce platforms.
💰 Stock Value
On September 13, 2019, the shares of the company were trading at ₹5.35, while they were priced at ₹1388.65 as of September 12, 2022.