Ruchi Soya Q1 results: Net profit dropped by 13% to Rs. 12.25 crores for FY21

1. Ruchi Soya Q1 results: Net profit dropped by 13% to Rs. 12.25 crores for FY21 Ruchi Soya Q1 results: Net profit dropped by 13% to Rs. 12.25 crores for FY21 Ruchi Soya: It is one of the biggest consumable assembling organizations in India situated at Indore. The organization was procured by Patanjali Ayurved in 2019. The organization produces consumable oils, vanaspati, bread shop fats, and soya food across India. The current (CEO) of the organization is Sanjeev Asthana. In the mean time, on Wednesday, August nineteenth, the organization announced its Q1 results for the Financial Year 2020-21. The organization's combined net benefit declined by 13% to Rs. 12.25 crores in this quarter finished on June 30th. The organization likewise posted its merged net benefit of Rs. 14.01 crores in a similar quarter last financial year. In addition, the organization's net income during this quarter expanded to Rs. 3,057.15 crores. While the organization additionally announced its all out income of Rs. 3,125.65 crores in a similar quarter last monetary year. On the opposite side, the organization overseeing chief Mr. Acharya Balkrishna surrendered for his post. The top managerial staff acknowledged the acquiescence. While the organization board individuals selected Ram Bharat as another Managing Director of the organization. In any case, the portions of Ruchi Soya Limited announced a bearish pattern in the financial exchange on Thursday. The organization lost 19.20 focuses with a 2.67% lessening and arrived at 699.00 INR. While in BSE, the organization lost 19.15 focuses with a 2.66% reduction and arrived at 700.70 INR. Stock Market August 20th:

2. On Thursday, both Sensex and Nifty detailed a bearish pattern in the securities exchange after bullish reports in the last three meetings. The Sensex is exchanging under 38,400 levels and Nifty is exchanging under 11,400 levels in the securities exchange. The Sensex lost 287.66 focuses with a 0.75% lessening and arrived at a 38,326.92 level. While Nifty lost 65.15 focuses with a 0.57% reduction and arrived at 11,343.25 level. On the opposite side, the quantity of coronavirus cases in India arrived at 28,36,925 as of Thursday, August twentieth, and passings arrived at 53,866. In the fringe showcase, the S&P BSE SmallCap revealed a bullish pattern in the securities exchange on Thursday. It increased 99.02 focuses with a 0.69% expansion and arrived at a 14,417.22 level. The S&P BSE Midcap increased 119.12 focuses with a 0.81% expansion and arrived at a 14,860.06 level. While Nifty Bank lost 330.15 focuses with a 1.48% expansion and arrived at 22,012.00 level. Top Gainers on August twentieth: NTPC, Power Grid Corporation, Zee Entertainment, Coal India, and ONGC are the top gainers in the present securities exchange. Top Losers on August twentieth: ICICI Bank, Wipro, HDFC, Bharti Airtel, and Axis Bank are the top failures in the present securities exchange.