Archive · 16 Sep 2026
Patanjali Foods Shares Rally 5% on Legal, Earnings Boost
Patanjali Foods shares went up sharply during trading on Wednesday.
The price reached ₹360.50, about 5% higher than the previous close.
One reason was a Delhi High Court decision that helped the wider Patanjali group in a tax-related case.
Investors also liked the company’s latest financial results.
Patanjali Foods reported standalone revenue of ₹11,337 crore in the first quarter of FY27.
This was 29% more than in the same period a year earlier.
Its biscuits business and oil palm plantations were highlighted as strong areas.
The broader FMCG sector also rose before the festival shopping season, but Patanjali Foods’ longer-term share performance remains weak.
Patanjali Foods shares rose as much as 5% on the NSE on 16 September, reaching an intraday high of ₹360.50.
Around 176.08 lakh shares traded during the session, while the company’s market capitalisation stood at ₹39,482.02 crore at 1:45 pm.
The Delhi High Court quashed seven Income Tax Appellate Tribunal orders involving Patanjali Ayurved, criticizing procedural lapses and a lack of reasoning.
Analysts cited Patanjali Foods’ Q1 FY27 results, including standalone revenue of ₹11,337 crore, up 29% year-on-year.
The rally also followed a nearly 2% rise in the Nifty FMCG Index ahead of expected peak festival demand, although the stock remains down 35.88% year-to-date.
- Who
- Patanjali Foods, Patanjali Ayurved, investors, and the Delhi High Court.
- What
- Patanjali Foods shares rose as much as 5% amid heavy trading volumes.
- When
- 16 September, during Wednesday’s trading session; the article does not specify the year.
- Where
- On the National Stock Exchange of India.
- Why
- The rally was linked to Delhi High Court legal relief for Patanjali Ayurved, strong Q1 FY27 revenue growth, improving e-commerce and quick-commerce sales, and a broader FMCG-sector rally ahead of festival demand.
- Intraday high
- ₹360.50 per share
- Previous close
- ₹338.55
- Trading volume
- Around 176.08 lakh shares changed hands on 16 September
- Market capitalisation
- ₹39,482.02 crore as of 1:45 pm
- Q1 FY27 standalone revenue
- ₹11,337 crore, up 29% year-on-year
- Recent performance
- Up 3.90% over one week and 0.65% over one month
- Long-term performance
- Down 35.88% year-to-date and 40.98% over one year