Wednesday, November 19, 2008

Ruchi Soya, Gokul Refoils surges on import duty

19 Nov 2008, 1148 hrs IST

Shares of Ruchi Soya Industries, India's largest soymeal producer, jumped as much as 20 per cent triggered by the government's decision late on Tuesday to impose 20 per cent customs duty on import of crude soybean oil.

Gokul Refoils, another major edible oil maker, was up 5.4 per cent at Rs 207.9 per cent.

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