Ruchi Soya Industries, the leading FMCG player in India, climbed on Monday after the company announced a joint venture (JV) with D J Hendrick International Inc (DJHII), a Canadian soyabean research corporation and center of excellence for development of healthy non genetically modified (Non GM) Soyabeans and KMDI International, a Japanese trader and marketer of high quality food grade Soyabeans. 

The company will hold majority stake of 55% in the joint venture whereas D J Hendrick International Inc and KMDI International will hold 35% and 10% respectively.

Shares of the company are trading at Rs 31.70, up Rs 1, or 3.26% at the Bombay Stock Exchange (BSE) on Monday at 12.27 p.m.

The scrip has touched an intra-day high of Rs 32.40 and low of Rs 31.45.