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Patanjali Foods shares stuck in 5% lower circuit as OFS starts
short by Srishty Choudhury / on Thursday, 13 July, 2023
Shares of Patanjali Foods were stuck in the lower circuit of 5% in trade on Thursday after promoter Patanjali Ayurved started a two-day offer for sale (OFS) at a floor price of ₹1,000 at an 18% discount to Wednesday's closing price on BSE. Patanjali Group had acquired bankrupt Ruchi Soya Industries and later renamed the company Patanjali Foods.
read more at CNBC-TV18