According to government data, the situation in India is not as alarming as some of the other countries, given a limited spread on a per-capita basis
The edible oil maker's market capitalisation is up nearly 300 times since the beginning of November last year and 70 times since its acquisition by Pantanjali Ayurved under the IBC
The fund-raising will be used to meet the Haridwar-based company's working capital requirements and strengthen the supply chain network
Food park will come up over 91 acres near Yamuna Expressway
The company had reported a revenue of Rs 937 crore and Rs 1,576 crore in June quarter and September quarter of 2018-19, respectively.
Care Ratings Ltd. downgraded Patanjali's long-term bank facilities to A- from A+, according to a statement on Friday
According to a recent IIFL report, sales of Patanjali products have halved from two year earlier levels.