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BS READS: The mystery investor who made a killing in Ruchi Soya

A Delhi-based company put Rs 13 cr for a 5.94% stake in Ruchi Soya soon after it got relisted; today that investment is worth Rs 1,500 crore

Ruchi Soya
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Ruchi Soya is currently valued at about six times its peak valuation under the previous management — Rs 4,200 crore in November 2010.

Jyotindra Dubey New Delhi
Indore-based edible oil maker Ruchi Soya Industries has been having a stellar run ever since it was relisted on the bourses, emerging from a bankruptcy with a new promoter on board — yoga guru Ramdev's Patanjali Ayurved. On January 27, the shares were listed at Rs 17 apiece. The stock price rallied to a 90x growth in just five months to Rs 1,535 per share on June 29. For a company that had been acquired in a bankruptcy sale just months ago, this was an incredible feat.

After hitting a peak, the stock is now shedding some of its value,