Hemang Resources Ltd

On 03-Dec, Hemang Resources Ltd witnessed a decline in its share price, continuing a sustained downward trajectory that has seen the stock underperform both its sector and the broader market benchmarks over multiple timeframes.

Hemang Resources' latest Q2 FY26 results are concerning, showing zero revenue and a net loss of ₹0.22 crores, indicating significant operational challenges and a need for strategic changes to address ongoing issues. The company's performance has deteriorated sharply, raising doubts about its business sustainability.

Hemang Resources has experienced significant declines in net sales, operating income, and profitability from Mar'23 to Mar'25, with net sales dropping from 205.05 Cr to 8.80 Cr and operating profit turning from a profit of 11.12 Cr to a loss of 0.10 Cr. The company also saw a decrease in total liabilities and assets, while cash flow from operations remained stagnant.

Hemang Resources has experienced significant financial declines, with net sales dropping from 205.05 Cr in Mar'23 to 8.80 Cr in Mar'25, and profitability turning negative, culminating in a loss of 0.10 Cr in Mar'25. The company has faced challenges in revenue generation and cash flow from operations during this period.

As of 14-Nov, Hemang Resources Ltd's stock price is at 21.45, down 1.38%, and has underperformed its sector and the Sensex significantly over various time frames. The stock is in a bearish trend, trading below all key moving averages, with decreased investor participation indicated by lower delivery volume.

As of 31-Oct, Hemang Resources Ltd is seeing a price increase to Rs 22.59, up 6.56%, and outperforming its sector today. Despite recent gains, the stock has a year-to-date decline of 26.63%, indicating ongoing challenges in regaining investor confidence.

As of 29-Oct, Hemang Resources Ltd's stock price is Rs 21.51, down 6.36%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 30.14%. The stock's bearish trend is evident as it trades below key moving averages and has dropped 70.75% over the past three years.

As of 28-Oct, Hemang Resources Ltd's stock price has risen to 22.97, up 4.41%, with significant delivery volume increases indicating heightened investor interest. Despite long-term declines, the stock has recently outperformed the Sensex, suggesting a potential recovery phase.

As of 20-Oct, Hemang Resources Ltd's stock price is Rs 21.16, down 5.96% after a volatile day. The stock has significantly underperformed its sector and the Sensex, with a year-to-date decline of 31.28%, indicating a bearish trend despite increased investor participation.

As of 17-Oct, Hemang Resources Ltd is currently priced at Rs 22.50, reflecting a 5.39% increase after a trend reversal following four days of decline. Despite a year-to-date drop of 26.92%, recent increased trading activity suggests rising investor interest contributing to its upward movement.

As of 15-Oct, Hemang Resources Ltd's stock price is Rs 21.31, down 5.71%, and has fallen for three consecutive days, totaling a 6.94% decline. The stock is underperforming significantly compared to the Sensex, which has gained 5.72% year-to-date, reflecting a bearish trend and decreased investor confidence.