Bhagiradha Chemicals Hits 52-Week Low as Stock Plummets to Rs. 228.1

Bhagiradha Chemicals & Industries has reached a new 52-week low, hitting Rs. 228.1 today. This marks a significant decline for the small-cap company, which has underperformed the sector by 0.3%. Over the past three days, the stock has experienced a consecutive fall, resulting in a total decline of 1.71%.
In terms of moving averages, Bhagiradha Chemicals is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company's performance over the past year has been notably poor, with a decline of 22.66%, contrasting sharply with the Sensex's gain of 6.66% during the same period.

Financial metrics reveal that the company has faced challenges, with a reported PAT of Rs. 3.10 crore reflecting a significant drop of 76.02% over the last six months. Additionally, the operating cash flow has reached a low of Rs. -1.11 crore, and the return on capital employed stands at just 4.20%. Despite these figures, Bhagiradha Chemicals maintains a low debt-to-EBITDA ratio of 0.99 times, suggesting some capacity to manage its debt obligations.