Patanjali Foods ~ Erstwhile Ruchi Soya

Once the import duty is reversed, we can see a good correction in this stock. the long-term structural story is developing with respect to the allotment of 5 lac hectare land and planting palm trees for crushing and oil extraction.

the Duty has been extended by another 6 months, probably edible oil stocks will continue to rally

With addition of high margin Food business from Patanjali Ayurveda to Patanjali Foods will provide further tail winds to stock…

Agree. Patanjali foods story is more about food business, which it got at very low valuations from Patanjali group. Valuations is lower than peers and growth plan is ambitious. Let us see how it the story pans out.

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