Patanjali Foods Shares Hit Six-Year Low After 20% Fall
Patanjali Foods shares plunge 20%, hitting a six-year low despite the company stating no material developments.
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“Patanjali Foods Shares Hit Six-Year Low After 20% Fall”
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15 Jul 2026
Mumbai, July 15 (IANS) Shares of Patanjali Foods tumbled as much as 20 per cent on Wednesday, hitting a fresh 52-week low and their lowest level since April 2020, before recovering some of the losses later in the trading session.
The stock fell to Rs 328.20 on the NSE, extending its prolonged decline and nearly halving from the peak it had touched in July last year.
Following the sharp correction, the company issued a clarification to the stock exchanges, stating that there were no material events or developments that warranted disclosure and could explain the sudden movement in its share price.
