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Patanjali Foods is part of Patanjali group and it has various business segments. The Company has 43 manufacturing units across the country. It has 25 processing plants out of which 19 are operational
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Money raised will be mostly used in working capital needs, debt repayment and small amount for capital expenditure as well as for inorganic growth.
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Even the IPOs that are currently active are also getting a great response.
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Patanjali has given a vision document for next 5 years. In which company has presented an aggressive strategy for the next 5 years. The company aims a revenue target of Rs 50,000 crore and operating profit of Rs 5,000 crore.
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Several stocks hit 52-week highs on block deals, capital raising news etc...
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Essen Speciality Films got subscribed 15.3 times, ideaForge gets 2,87x subscription
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ICICI Securities jumps 15% on delisting plan; Kotak invests big in RattanIndia
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With the increase in property sales, real estate companies have started recovering from a difficult phase. Their balance sheets have strengthened, and they have begun launching new projects. All of this is reflecting in the performance of real estate shares.
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India has handled the conundrum of inflation and growth quite well and as a result, while the inflation rate has come down, the economic growth has remained strong
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The property inventory is decreasing, and prices are consistently rising. In the top 7 cities of the country, residential inventory has reduced from its peak level of 45 months in October 2017 to a low of 18.6 months.