Ruchi Soya's Rs 4,300 crore FPO kicks off: Should you participate? - Economic Times

Considering Ruchi Soya's strong brand recall, wide distribution, better financial track record and healthy ROE, we have a positive view for the FPO. It is recommended to “subscribe” the issue from the long term perspective, said Ashika Stock Broking.

NEW DELHI: Ruchi Soya's Rs 4,300 crore follow-on public offer (FPO) opened for public participation on Thursday. A total of 35 per cent of the issue is reserved for retail investors and another 15 pe… [+3313 chars]

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