Dividend Opportunity! Baba Ramdev’s ‘This’ company will pay ex-dividend next week, know record date – baba ramdev patanjali foods to trade ex-dividend next week know details
50 thousand crore market cap
Patanjali Foods stock recently touched a 52-week high. Due to this, the market capitalization of the company has crossed the mark of Rs 50 thousand crores. The stock’s 52-week high is Rs 1,415. However, profit recovery is also seen in the stock now. On the last trading day of the week, Friday, the Baba Ramdev-backed stock traded on the BSE at Rs. It closed at 1,338.45.
Stock performance
In the last three years, the share price of Ramdev’s company has increased from Rs 3.54 to Rs 1393 on BSE. Investors have received returns of up to 39,250 percent in this short period.
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This scheme of Patanjali Group
According to Patanjali founder Baba Ramdev, the business of the group is expected to grow two and a half times to Rs 1 lakh crore in the next five to seven years. Initial public offerings (IPOs) of four group companies will also be taken up. Apart from this, Baba Ramdev also claimed that his group will provide employment to five lakh people in the next few years. Patanjali Group’s current turnover is around Rs 40,000 crore.
Earning opportunity for investors soon, these 7 companies will pay dividends
Shares of Patanjali Foods opened higher on Monday and the stock jumped around 1.20 percent to Rs 1,415 intraday on the BSE. Similarly, this multibagger stock has gained 44.65 percent in the last 6 months. So far in 2022, Patanjali Foods shares have given investors a return of 63.67 percent. So this share has increased by about 31 percent in one year.
