
Patanjali Foods stock falls 5% as bourses freeze promoter shares
Promoter shareholding in Patanjali Foods currently stands at 80.82%.
Promoter shareholding in Patanjali Foods currently stands at 80.82%.
The share price of the edible oil manufacturer has been hitting the upper circuit for the last 58 sessions and has risen around 1,500% during the period.
Adani Wilmar reclaims ₹1 lakh crore m-cap; Patanjali Foods crosses ₹50,000 cr market cap
The four companies that will list on the bourses include - Patanjali Ayurved, Patanjali Medicine, Patanjali Wellness and Patanjali Lifestyle.
The Patanjali-owned company's revenue from operations rose 37.72% year-on-year to ₹6,663.72 crore in Q4.
The Patanjali Ayurved-owned company became debt-free after it repaid ₹2,925 crore worth of loans to banks.