Patanjali Foods Shares Plunge 19%: Why the Stock Crashed to a 52-Week Low; Company Issues Clarification

Shares of Patanjali Foods today fell as much as 19% this morning after the block deal that spooked the investor, leading to a large selloff in the stock, which has been trading flat over the last five sessions. This week, so far, the stock has been trading at Rs. 413 to Rs. 407 per share on the NSE.

The stock fell to a new 52-week low of Rs. 328 today after the counter recorded a massive trading volume of about 53.2 million shares that exchanged hands on both NSE & BSE.

At the time of writing, around 1PM, Patanjali shares recovered slightly; however, they were still trading 14.91% lower at Rs. 346.80 apiece on the NSE.

Why Did Patanjali Shares Crash Today?

The main reason behind this sudden fall in the Patanjali shares is a large block deal where 54.24 lakh shares, or 1.50% equity worth Rs. 195 crore, changed hands at an average price of Rs. 355 per share, which is a sharp discount to the day's opening levels around Rs. 407, which itself would have spooked the market and dragged the Patanjali share price down toward that print.

As per MarketsMOJO, the stock is trading below all key moving averages: 5-day, 20-day, 50-day, 100-day, and 200-day. The firm downgraded the stock from Hold to Sell on June 8.

Company Shares Official Response

Patanjali Foods filed a formal clarification with BSE and NSE today, on July 15, after the stock moved sharply.

In the exchange filing it said, "With reference to the significant movement in share price, the company confirms it remains focused on its growth path and is carrying on business as usual."

Management further said, "There are no material events, information, or circumstances that require disclosure under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company affirms it is compliant with Regulation 30 and has been promptly disclosing all material events and that all disclosures with a bearing on price behavior have already been disseminated to the exchanges."

Patanjali Foods Q1 FY27 Result Soon

The FMCG major is expected to announce its Q1 FY27 results next month, looking at the previous year's patterns where the Q1 FY26 results were declared on August 14, so a similar mid-August 2026 date is likely this year too.