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49: Why Sebi must take note of the 8000% rise in Ruchi Soya shares since it resumed trading

Mark to Market

English - June 25, 2020 09:25 - 6 minutes - 5.74 MB
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Previous Episode: 48: Why Avenue Supermarts shares are resilient in COVID-19 times
Next Episode: 50: Amidst Hinduja feud, Ashok Leyland’s loans to promoter entities is an eyesore

The rate at which the Ruchi Soya Industries Ltd stock is rising, it would have overtaken the market capitalization of Marico Ltd by the end of the week. Sebi should sit up and take notice because, in this instance, the extremely low float is leading to strange price movements. Tune in to find out more about this striking stock movement.