New Delhi: Baba Ramdev-led Patanjali Foods has created a buzz in the stock market after announcing its intention to issue bonus shares for the first time. This move has kept the company’s shares soaring and added nearly Rs 2,500 crore to its market capitalisation in a single day.

According to data from the Bombay Stock Exchange (BSE), Patanjali Foods’ share price surged 4.05 per cent on Tuesday, closing at Rs 1,743.15. During intraday trade, the stock even touched a high of Rs 1,751.70. The stock had opened the session........

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