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Ruchi Soya zooms over 35% in two trading days on heavy volumes

The stock soared 17% to Rs 28 on the BSE in intra-day trade, extending its previous day's 20% rally

Ruchi Soya
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Ruchi Soya

SI Reporter Mumbai
Ruchi Soya Industries (RSIL) has soared 17% to Rs 28 on the BSE in intra-day trade, extending its previous day’s 20% rally on back of heavy volumes.

At 11:50 am; the stock was up 14% at Rs 27.45 as compared to 0.35% decline in the S&P BSE Sensex. Trading volumes on the counter surged more than eight-fold with a combined 11.98 million equity shares representing 3.6% of total equity changing hands on the BSE and NSE.

According to media reports, the debt-trapped edible oil company has struck a deal with Baba Ramdev's Patanjali under which the oil produced