Patanjali Foods Ltd soars 2.37%, rises for fifth straight session

Patanjali Foods Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1713.3, up 2.37% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 25215.7. The Sensex is at 82655.58, up 0.49%. Patanjali Foods Ltd has risen around 1.98% in last one month.

Meanwhile, Nifty FMCG index of which Patanjali Foods Ltd is a constituent, has risen around 2.69% in last one month and is currently quoting at 56025.6, up 0.58% on the day. The volume in the stock stood at 8.21 lakh shares today, compared to the daily average of 10.1 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1717, up 2.47% on the day. Patanjali Foods Ltd is up 9.89% in last one year as compared to a 2.45% spurt in NIFTY and a 7.08% spurt in the Nifty FMCG index.

The PE of the stock is 46.67 based on TTM earnings ending March 25.