Are You Planning To Invest In Patanjali Foods Shares? Here's What Expert Says About The Stock

Patanjali Foods has announced that its board has approved a proposal to acquire the non-food business of its parent company, Patanjali Ayurved, for Rs 1,100 crore in tranches. Patanjali Ayurved held a 32.4% stake in Patanjali Foods as of March 31, 2024. This acquisition will consolidate the 'Patanjali' brand's FMCG product portfolio. Market expert Arun Kejriwal believes this union is beneficial for the company overall. Tune in to hear Arun Kejriwal's insights on how this acquisition will impact both the listed and non-listed firms.