Reliance Industries shares rise over 2%; here’s why
Reliance Consumer Products has completed the acquisition of 51% stake in Lotus Chocolate for ₹74 crore.
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This Reliance-backed stock hit upper circuit for 2nd day; here’s why
The FMCG stock hit a 5% lower circuit in 17 out of the last 20 sessions, falling 55% during this period amid profit booking ahead of an open offer by Reliance group.
This stock hit upper circuit 16 times in a row; here’s why
The share price of packaged foods company has zoomed 156% in the last sixteen sessions, from ₹96.4 on December 23 to ₹209.90 intraday on Monday.
Lotus Chocolate hits upper circuit as Reliance makes open offer to buy 26% stake
Reliance Group firms will together acquire 33.38 lakh shares of Lotus Chocolate from the open market at a price of ₹115.50 per share.
Reliance to acquire 50% stake in Sosyo Hajoori Beverages
The existing promoters, Hajoori family, will continue to own the remaining stake in the 100-year-old soft drink maker.
Lotus Chocolate stock jumps 5% as Reliance acquires majority stake
Reliance Consumer Products Ltd, the fast-moving consumer goods arm of Reliance Industries, acquired a 51% stake in Lotus Chocolate Company for ₹74 crore.
