Baba Ramdev-backed stock rallies 39,000% in 3 years, hits ₹50,000 crore market cap

Patanjali Foods share price has ascended from around ₹21 to ₹1393 apiece levels, delivering around 6,250 per cent 

In three years, this FMCG stock has risen from around ₹3.54 apiece levels to ₹1393 per share levels on BSE 

However, this Baba Ramdev-backed FMCG stock is still in 'uptrend.'  

In last four sessions, Baba Ramdev-backed company's share price has rallied from around ₹1285 to ₹1415 apiece levels 

The company aims to meet entire edible oil demand in India and want to make India free from importing edible oil.  

To meet this objective, the company has planted palm tree in around 15 lakh acre land 

This Baba Ramdev-backed stock is one of the dividend paying stocks in 2022 as well.  

The FMCG company has announced ₹5 per equity share dividend to its shareholders. 

Patanjali Foods Ltd. share price at bse Rs. 1314