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Patanjali Foods share gave strong returns 4 times in 3 years, market capitalization crossed 50 thousand crores

Patanjali Foods Share Price Today: The share of Patanjali Foods, the company of Baba Ramdev in the country, has given excellent multibagger returns in 3 years. Let us tell you that the company has also announced to give dividend of Rs 5 per share to its investors and has fixed its record date as 26 September. Recently Baba Ramdev had announced that Patanjali group will launch 4 IPOs in the coming time.

38% jump in 3 months
The shares of Patanjali Foods have gained 38 percent in the last 3 months. This stock has given 46% return to its investors in the last 6 months. If we talk about the year 2022, so far this year this stock has given 56 percent profit to the investors. In 1 year it has given 26 percent return to investors and in 3 years it has given 39,250 percent multibagger return to investors.

Rs 1 lakh becomes Rs 1.26 thousand
Patanjali Foods has given tremendous returns to investors in the last 3 years. The investor who had invested Rs 1 lakh in this stock 3 years ago, today the value of his investment has become Rs 3,99,717. Similarly, the investor who had invested Rs 1 lakh in Patanjali Foods 1 year ago is getting Rs 1,26,000 today.

Market capitalization beyond Rs 50 thousand crore
The stock of Patanjali Foods Limited reached the level of Rs 1,415 last week. This is its 52 week high. With this, the market cap of Patanjali once crossed the level of Rs 50 thousand crores. Last week, Baba Ramdev had said in a press conference that Patanjali’s business could grow two and a half times to Rs 1 lakh crore in the next five to seven years.

Ramdev is coming with 4 new IPOs
Recently Baba Ramdev had said that the group company Patanjali Foods is listed on the stock exchange. IPOs of 4 other group companies will be brought in the next 5 years. The companies whose IPO will come include Patanjali Ayurved, Patanjali Medicine, Patanjali Lifestyle and Patanjali Wellness.

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