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Ruchi Soya Industries hit down limit after soaring 3 times in 22 sessions

Market players said the stock is easily prone to manipulation as hardly any shares are with the public

Ruchi Soya
premium

Previously, the stock had hit 5% lower circuit for six straight trading sessions between May 19 and May 27

Sundar Sethuraman Mumbai
Shares of Ruchi Soya Industries on Monday witnessed a fall after over a month amid reports of regulatory probe. 

The stock ended the day’s trade at Rs 1,432 after getting locked in 5 per cent lower circuit — indicating only sellers no buyers at the counter. 
In the previous 22 trading sessions, the stock had hit 5 per cent upper limit daily, jumping from Rs 520 on May 27 to Rs 1,520 last Friday.