Patanjali Foods crashes 20% for third session, hits 52-week low of ₹328
Patanjali Foods shares fell nearly 20% for a third straight session to a 52-week low of ₹328.05, on volumes six times the average, with 2.6 crore shares (2.43% of equity) changing hands. Analysts flag a bearish technical breakdown; support at ₹330-325, resistance at ₹380-385. Stock is down 42% over the past year.
Patanjali Foods shares crashed nearly 20% for a third straight session to a 52-week low of ₹328, on six-times average volume. Analysts flag a bearish technical breakdown, with support at ₹330-325 and resistance at ₹380-385.
Why this matters
The slide extends a pattern: Patanjali Foods earlier crashed 20% to a 52-week low on a ₹195 crore block deal despite strong Q4, while it leans on edible oils and Dant Kanti to weather rural stress.
Retail-company signals are accelerating, up +797900% QoQ.