New Delhi, July 15 -- Patanjali Foods share price crashed nearly 20% on Wednesday, extending its losses for the third consecutive trading session, weighed down by heavy selling. The Baba Ramdev promoted company's stock declined as 19.5% to a fresh 52-week low of Rs.328.05 apiece on the BSE.

The decline in Patanjali Foods share price was accompanied by significantly elevated trading activity. Around 2.6 crore equity shares, representing nearly 2.43% of the company's total equity, changed hands on the stock exchanges on July 15.

This was more than six times the stock's average trading volume. The sharp surge in delivery volumes also indicates substantial institutional participation.

On the technical front, Patanjali Foods share price cra...