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

Patanjali Foods shares crashed around 20% to a 52-week low of Rs 328.20 on the NSE, recovering slightly to trade around Rs 345, down about 16% intraday. The stock has fallen close to 19% in one month and 37% so far in 2026, with technical analysts confirming a major consolidation breakdown accompanied by high volumes, RSI breakdown, and trading below the lower Bollinger Band. The company issued a stock exchange clarification stating no undisclosed material events triggered the fall; key support is seen at Rs 330-325 with resistance at Rs 380-385.