Ruchi Soya surpasses Marico in market-cap ahead of Q4 results

With the market-cap of Rs 45,592 crore, the company today surpassed packaged foods firm Marico (Rs 44,489 crore) and United Spirits (Rs 43,354 crore)

Shares of Ruchi Soya Industries hit a fresh life-time high of Rs 1,507, up 5 per cent, on the BSE on Friday ahead of its January - March quarter (Q4FY20) results later in the day.

The stock of the edibles oil firm was locked in the upper circuit for 22nd consecutive session. In the past one month, it zoomed 178 per cent as compared to 14 per cent rise in the S&P BSE Sensex.

Since January 27, 2020 -- when it was re-listed on the stock exchanges after consolidation of equity shares of the company -- the company's stock price has appreciated