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Patanjali Foods shares crash 20%, stock nearly halves in value in one year. What's ahead?

Markets-Economic Times · 1h ago · 🇮🇳 India
Patanjali Foods shares crash 20%, stock nearly halves in value in one year. What's ahead?

Patanjali Foods shares plunged 20% to a fresh 52-week low, extending their decline to nearly 50% from last year's peak. While the company said there were no material developments behind the sharp fall, technical analysts warned of further downside, with the next key support seen in the Rs 325–330 zone.

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