The stock price of Prataap Snacks Limited (NSEI:DIAMONDYD), which has a unit in Bengal, surged over 14% on February 22, 2024 over speculations of ITC Limited (NSEI:ITC) acquiring the company. The FMCG giant has made some big acquisitions in the food space in last 15 years, starting with Candyman. However, an ITC spokesperson said that the company would not comment on market speculations.

The share price of Prataap Snacks Ltd. (PSL) went up to INR 1,336 at the bourses before closing at INR 1,226, INR 52 higher than the previous closing.