Ashirwad Capital Ltd Stock Falls to 52-Week Low of Rs.2.45

Recent Price Movement and Market Context

On 21 Jan 2026, Ashirwad Capital Ltd’s share price declined by 5.06%, closing at Rs.2.45, the lowest level recorded in the past year. This drop extends a four-day losing streak during which the stock has fallen by 11.55%. The stock’s performance today notably lagged behind the NBFC sector, underperforming by 3.85%. Furthermore, Ashirwad Capital is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling persistent bearish momentum.

In comparison, the Sensex also experienced a decline, falling 416.16 points or 0.98% to 81,378.49 after opening 385.82 points lower. The benchmark index has been on a three-week consecutive decline, losing 5.11% over this period. While the Sensex trades below its 50-day moving average, the 50DMA remains above the 200DMA, indicating some underlying resilience in the broader market.

Long-Term Performance and Valuation Metrics

Over the last year, Ashirwad Capital Ltd has delivered a negative return of 49.27%, a stark contrast to the Sensex’s positive 7.28% gain during the same period. The stock’s 52-week high was Rs.4.99, highlighting the extent of the decline from its peak. This underperformance extends beyond the last year, with the company lagging behind the BSE500 index across one-year, three-month, and three-year timeframes.

The company’s long-term fundamental strength remains subdued, with an average Return on Equity (ROE) of 6.44%. The most recent ROE figure stands at 5.1%, which, while modest, is accompanied by a Price to Book Value ratio of 1.2. This valuation suggests the stock is trading at a fair level relative to its peers’ historical averages, despite the recent price weakness.

Profitability and Cash Flow Indicators

Despite the price decline, Ashirwad Capital Ltd has recorded some positive financial metrics in recent quarters. The highest quarterly Profit Before Depreciation, Interest and Tax (PBDIT) reached Rs.1.00 crore, while Profit Before Tax excluding other income (PBT less OI) peaked at Rs.0.86 crore. The company’s operating cash flow for the year was Rs.2.16 crore, marking its highest level.

However, these figures have not translated into sustained stock price strength. Over the past year, profits have declined by 39.6%, reflecting pressures on earnings despite some operational cash flow improvements. The majority shareholding remains with promoters, indicating stable ownership structure.

Sector and Market Comparison

Within the NBFC sector, Ashirwad Capital Ltd’s Mojo Score stands at 32.0, with a Mojo Grade of Sell as of 13 Jan 2026, an upgrade from a previous Strong Sell rating. The company’s Market Cap Grade is 4, reflecting its micro-cap status. These ratings underscore the challenges faced by the stock relative to its sector peers and the broader market environment.

The stock’s consistent underperformance against the BSE500 and Sensex indices over multiple time horizons highlights the difficulties in regaining momentum amid a challenging market backdrop.

Technical and Market Sentiment Overview

The stock’s position below all major moving averages indicates a sustained bearish trend. The four consecutive days of decline and the 11.55% loss over this period reflect persistent selling pressure. This technical weakness is compounded by the broader market’s cautious stance, with the Sensex also experiencing a notable decline over recent weeks.

While the Sensex’s 50-day moving average remains above the 200-day moving average, suggesting some underlying market strength, Ashirwad Capital Ltd’s relative weakness highlights sector-specific and company-specific challenges.

Summary of Key Metrics

To summarise, Ashirwad Capital Ltd’s stock has reached a 52-week low of Rs.2.45, down from a high of Rs.4.99 in the past year. The stock’s one-year return stands at -49.27%, significantly underperforming the Sensex’s 7.28% gain. The company’s average ROE is 6.44%, with recent quarterly profits and operating cash flows showing some improvement but insufficient to reverse the downtrend. The Mojo Grade remains at Sell, reflecting ongoing concerns about the stock’s performance and valuation.

The stock’s current valuation, with a Price to Book Value of 1.2, aligns with peer averages, but the declining profit trend and technical indicators suggest continued caution in the near term.

Unlock special upgrade rates for a limited period. Start Saving Now →