Ruchi Soya Industries

Ruchi Soya organizes awareness camps to induct farmers into 'Banking Digital Ecosystem'

Ruchi Soya organizes awareness camps to induct farmers into 'Banking Digital Eco

New Delhi [India], Feb 7 : The palm oil division of Ruchi Soya Industries Ltd. recently conducted an awareness camp for over 150farmers in Singampalli village near Kakinada, Andhra Pradesh. Post demonetization, there were reports of difficulties faced by farmers in conducting financial transactions across the country.

Cash being the primary mode of transaction, demonetization had impacted farmers at large. To address this issue and support the farmers through this difficult period, Ruchi Soya has launched the ' Kisan Kalyan Ayojan' digital banking initiative. As part of this initiative, the company is organizing awareness camps to help farmers open bank accounts so that they get payments online directly into their bank accounts.

Ruchi Soya to expand Edible Oil Fortification initiative to curb malnutrition in India

Ruchi Soya to expand Edible Oil Fortification initiative to curb malnutrition

New Delhi [India], Jan 24 : Agri and Food FMCG major Ruchi Soya Industries on Tuesday announced its plans to expand its Edible Oil Fortification initiative and play a role in curbing malnutrition in India.

The company has been voluntarily fortifying its leading edible oil brands Mahakosh, Sunrich and Nutrela with Vitamin A and D since 2014, cumulatively impacting 12 million consumers every month across the country.

The household brand informed that it will benefit 15 million households every month by 2018 with Fortified Edible Oils.

Moreover, the company also has plans to include Ruchi Gold, reckoned amongst the market leader and the largest-selling refined palm oil brand across the country in its fortification programme in the near future.

Buy Ruchi Soya With Stop Loss Of Rs 112

Buy Ruchi Soya With Stop Loss Of Rs 112Technical analyst Salil Sharma has maintained 'buy' rating on Ruchi Soya Industries Limited stock with a target of Rs 124.

According to analyst, the investors can buy the stock with a stop loss of Rs 112.

Mr. Prasad said that the stock can attain the said target within a period of 2-3 trading sessions.

The stock of the company, on January 25, closed at Rs 116.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 143.15 and a low of Rs 83 on BSE.

Current EPS & P/E ratio stood at 6.67 and 17.75 respectively.

Buy Ruchi Soya Industries For Long Term: Abhishek Jain, Stocksidea.com

Buy Ruchi Soya Industries For Long Term: Abhishek Jain, Stocksidea.comThe Company incorporated on 6th January 1986 and was promoted by General Goods Pvt. Ltd. and Ruchi Pvt. Ltd, of the Shahra Group of Industries. It is an agribusiness company and manufactures Soya proteins, Specialty Soya products, Soya snack foods and Nutrela. New texturised soya protein plants are near Noida, U.P. and near Indore, M.P. The company also exports soya products.




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