Ramdev faces ridicule as Patanjali faces bloodbath in stock market amidst scandal plaguing Adani Group
The questionable owner of Patanjali, Ramdev, is facing extensive ridicule after his company's shares dealt with a bloodbath in stock exchange amidst a rumor tormenting Gautam Adani of the Adani Group. This was after Patanjali's share cost suspiciously nosedived to just Rs. 911.40 in the last month, experiencing a diminish a massive 22.36 percent.
While Adani's shares dove following a damaging report charging Gautam Adani of devoting economic scams and supply manipulation, nobody recognizes why Patanjali is experiencing a comparable fate.
Y Sathish Reddy, Chairman of the Telangana State Renewable Resource Advancement Company, tweeted, "While #Adani stands as no1 defrauder. We seem to have a chota bhai of him concealing quietly. Income of #Patanjali suspiciously expanded from just 1,184 Cr in 2014 to 40,000 Cr now. Patanjali supply is rapidly dropping From 1200 couple of days back to 900 now!.".
Also Read: "Modi Govt is gradually rejecting Adani": Subramanian Swamy makes extraordinary declaration on monetary detraction tormenting PM's billionaire close friend.
Sweden-based professor, Ashok Swain tweeted, "Not just Adani, but Ramdev also going down-- The share rate of Ramdev's Patanjali Foods has actually dropped from Rs 1,495 4 months ago to Rs 700 currently.".
Similar monitorings were made by other Twitter users, that questioned if Patanjali was the following endeavor owned by one more advocate of Head of state Narendra Modi to face the music for its unusual development.
Ramdev had actually sustained the BJP in the 2014 Lok Sabha surveys sustaining the candidature of Modi as the next head of state. After Modi assumed power, Ramdev's Patanjali experienced extraordinary development. He was recently in the news for his hate speech targeting India's Muslims as well as Christians.
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