patanjali foods shares

Patanjali Foods Share Price: Patanjali Foods tumbles 4% after over 1 crore shares change hands via block deal

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Patanjali Foods Share Price: Patanjali Foods tumbles 4% after over 1 crore shares change hands via block deal

Shares of Patanjali Foods fell by 4% on the BSE today, reaching a day’s low of Rs 1,855.10. This decline occurred following a block deal where 1.2 crore shares, or 3.3% of equity, worth Rs 2,223.4 crore changed hands. According to reports, the floor price was set at Rs 1,815, and the promoters are believed … Read more

Systematix initiates coverage on Patanjali Foods with buy rating, sees 24% upside

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Systematix initiates coverage on Patanjali Foods with buy rating, sees 24% upside

Brokerage firm Systematix has initiated coverage on Patanjali Foods with a ‘Buy’ rating and a target price of Rs 2,259. This represents an upside potential of 24% from the previous closing price of Rs 1,828.50 per share. In its coverage initiation, Systematix highlighted Patanjali Foods’ aggressive palm oil plantation plan within its edible oils business. … Read more

Patanjali Foods shares crack 4% after SC’s contempt notice

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Patanjali Foods shares crack 4% after SC’s contempt notice

Shares of FMCG player Patanjali Foods dropped 4% on Wednesday to the day’s low of Rs 1,555.55 on the NSE a day after the Supreme Court (SC) issued notices to Baba Ramdev and Acharya Balakrishnan and asked why contempt proceedings should not be initiated against them for violating its orders. Patanjali Ayurved has been restrained … Read more