India, July 17 -- Institutional investors don't reduce stakes without reason. When both FIIs and DIIs trim their holdings in the same quarter, in a stock trading well below its yearly high, it usually signals underlying concerns about near-term earnings visibility, balance sheet stress, or sector-specific headwinds. This is exactly the pattern playing out in one of India's largest diversified FMCG and edible oil companies.

Patanjali Foods Ltd. is currently trading around Rs335, nearly 48% below its 52-week high of Rs653.93 touched on July 22, 2025. The company has a market capitalisation of Rs36,451 crore and trades at a P/E ratio of 20.82.

Shareholding Shift Tells a Story FII holding fell from 9.20% to 8.53% between March and June 202...