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Shree Steel Wire Ropes Ltd
Why is Sh. Steel Wire falling/rising?
On 24-Nov, Shree Steel Wire Ropes Ltd witnessed a notable decline in its share price, falling by 3.35% to close at ₹26.00. This drop reflects a continuation of recent downward momentum amid broader sector weakness and subdued investor interest.
Shree Steel Wire Ropes Q2 FY26: Mounting Losses Signal Deepening Crisis
Shree Steel Wire Ropes Ltd., a micro-cap steel wire ropes manufacturer with a market capitalisation of ₹9.00 crores, reported a net loss of ₹0.29 crores for Q2 FY26, marking a sharp deterioration from the ₹0.19 crore loss in the previous quarter. The company's revenue collapsed 69.86% year-on-year to just ₹0.88 crores, whilst operating margins plunged to a deeply negative 31.82%, highlighting severe operational distress at the Khopoli-based manufacturer.
How has been the historical performance of Sh. Steel Wire?
Sh. Steel Wire has experienced a significant decline in performance, with net sales dropping from 25.41 Cr in Mar'20 to 11.32 Cr in Mar'25, resulting in negative operating profit and profit after tax in Mar'25. Rising raw material costs and decreased total assets further highlight the company's financial challenges.
How has been the historical performance of Sh. Steel Wire?
Sh. Steel Wire has experienced significant financial declines, with net sales dropping from 25.41 Cr in March 2020 to 11.32 Cr in March 2025, and operating profit turning negative at -0.10 Cr. The company's earnings per share fell to -0.76 in March 2025, reflecting a challenging financial environment.
Why is Sh. Steel Wire falling/rising?
As of 11-Nov, Shree Steel Wire Ropes Ltd is seeing a price increase to Rs 27.89, up 5.84%, with significant short-term gains despite a year-to-date decline of 29.21%. The stock's recent rise contrasts with its longer-term underperformance compared to the benchmark Sensex.
Why is Sh. Steel Wire falling/rising?
As of 10-Nov, Shree Steel Wire Ropes Ltd's stock price is Rs 26.35, down 7.15%, and has significantly underperformed compared to its sector and the Sensex. The stock shows a bearish trend, trading below all major moving averages, with year-to-date and one-year declines of 33.12% and 36.21%, respectively.
Why is Sh. Steel Wire falling/rising?
As of 27-Oct, Shree Steel Wire Ropes Ltd is currently priced at Rs 28.87, reflecting a 6.14% increase. Despite strong short-term performance, there is a significant decline in investor participation, raising concerns about sustained interest in the stock.
Shree Steel Wire Ropes Hits New 52-Week Low at Rs. 24.75
Shree Steel Wire Ropes has hit a new 52-week low of Rs. 24.75, reflecting a notable decline in the iron and steel products sector. The stock has dropped 29.87% over the past year, struggling with operating losses and a low return on equity, indicating ongoing financial challenges.
Why is Sh. Steel Wire falling/rising?
As of 20-Oct, Shree Steel Wire Ropes Ltd's stock price has declined to Rs. 26.50, marking a 6.36% drop and a new 52-week low of Rs. 24.8. The stock has significantly underperformed the market, with a year-to-date decrease of 32.74% compared to the Sensex's 7.97% increase.
Shree Steel Wire Ropes Hits New 52-Week Low at Rs. 24.8
Shree Steel Wire Ropes has hit a new 52-week low of Rs. 24.8, following a recent period of gains. The stock has underperformed its sector and experienced significant volatility, trading below key moving averages. Over the past year, it has declined substantially, highlighting ongoing challenges in its market position.
Why is Sh. Steel Wire falling/rising?
As of 17-Oct, Shree Steel Wire Ropes Ltd's stock price is at 28.30, showing a short-term gain but a year-to-date decline of 28.17%. Despite recent positive movement, the stock's delivery volume has dropped significantly, indicating potential waning investor interest.
Why is Sh. Steel Wire falling/rising?
As of 13-Oct, Shree Steel Wire Ropes Ltd's stock price is Rs 27.43, down 5.38% today and significantly underperforming its sector and the Sensex year-to-date. The stock's volatility and recent trend reversal indicate wavering investor confidence amidst broader market challenges.
Why is Sh. Steel Wire falling/rising?
As of 09-Oct, Shree Steel Wire Ropes Ltd's stock price is Rs 28.61, up 4.38% today, with significant intraday volatility. Despite recent gains, the stock is down 27.39% year-to-date, underperforming the Sensex, which has risen 5.16% in the same period.
Shree Steel Wire Ropes Hits New 52-Week Low at Rs. 25.04
Shree Steel Wire Ropes has hit a 52-week low, reflecting ongoing challenges in its market performance. The stock has underperformed its sector and experienced a significant decline over the past year, alongside operational difficulties indicated by low financial ratios. The company remains a key focus in the iron and steel products industry.
Shree Steel Wire Ropes Hits 52-Week Low at Rs. 25.28
Shree Steel Wire Ropes has hit a new 52-week low, reflecting a significant decline over the past year. The company is facing financial challenges, including operating losses and a low return on equity. Its stock performance has consistently underperformed against sector benchmarks, indicating ongoing price weakness.
Why is Sh. Steel Wire falling/rising?
As of 24-Sep, Shree Steel Wire Ropes Ltd's stock price is Rs 26.70, down 1.07%, and is trading below all key moving averages, indicating a bearish trend. The stock has underperformed significantly, with a year-to-date decline of 32.23%, amidst reduced trading volume and lack of positive news.
Why is Sh. Steel Wire falling/rising?
As of 22-Sep, Shree Steel Wire Ropes Ltd's stock price is Rs 26.91, down 1.61%, and has underperformed its sector. The stock has declined 5.38% over the past week and 31.70% year-to-date, indicating a bearish trend and significant struggles compared to the broader market.
Why is Sh. Steel Wire falling/rising?
As of 19-Sep, Shree Steel Wire Ropes Ltd is priced at 27.35, showing a slight increase but trading below all key moving averages and 4.9% above its 52-week low. The stock has underperformed against the Sensex, with a year-to-date decline of 30.58%, indicating ongoing challenges in attracting investor interest.
Why is Sh. Steel Wire falling/rising?
As of 18-Sep, Shree Steel Wire Ropes Ltd is priced at Rs 27.30, having gained slightly but still trading below key moving averages and significantly down year-to-date. The company faces operating losses and low profitability, contributing to a perception of risk and underperformance compared to market benchmarks.
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