Axita Cotton Hits New 52-Week Low at Rs. 8.3 Amid Ongoing Decline

Axita Cotton, a microcap player in the Garments & Apparels industry, has reached a new 52-week low of Rs. 8.3 on October 14, 2025. This decline marks a significant downturn for the stock, which has been on a downward trajectory for the past eight consecutive days, resulting in a total drop of 4.6% during this period.
The stock's performance has been consistently below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a prolonged period of underperformance. Over the past year, Axita Cotton has seen a staggering decline of 45.33%, contrasting sharply with the Sensex, which has remained relatively stable with a slight gain of 0.16%.

Financial metrics reveal ongoing challenges for the company, with net sales declining at an annual rate of 9.91% and operating profit plummeting by 175.26% over the last five years. The company has reported negative results for five consecutive quarters, further highlighting its struggles in the current market environment. Despite these challenges, Axita Cotton maintains a low debt-to-EBITDA ratio of 0.56 times, suggesting some capacity to manage its financial obligations.