Binny Mills Ltd Stock Falls to 52-Week Low of Rs.178.25

Stock Price Movement and Trading Activity

On 3 February 2026, Binny Mills Ltd’s share price touched an intraday low of Rs.178.25, representing a decline of 4.01% from the previous close. The stock opened with a gap down at this level and traded consistently at Rs.178.25 throughout the day, indicating a lack of upward price movement or recovery attempts. This marks the second consecutive day of losses, with the stock shedding 8.54% over this period.

Trading activity has been somewhat erratic, with the stock not trading on one of the last 20 trading days. This irregularity may contribute to the volatility and price pressure observed recently. Furthermore, Binny Mills is currently trading below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a sustained bearish trend.

In contrast, the sector in which Binny Mills operates has gained 2.48% on the same day, highlighting the stock’s underperformance relative to its peers. This divergence emphasises the specific pressures facing Binny Mills rather than a sector-wide downturn.

Market Context and Broader Indices

The decline in Binny Mills’ share price comes amid a mixed session for the broader market. The Sensex opened with a gap up of 3,656.74 points but subsequently lost momentum, falling by 1,250.66 points to close at 84,072.54, down 2.95%. Despite this pullback, the Sensex remains close to its 52-week high of 86,159.02, just 2.48% away.

Market leadership continues to be driven by mega-cap stocks, which have supported the overall index gains. The Sensex is trading below its 50-day moving average, although this average remains above the 200-day moving average, suggesting a cautiously positive medium-term trend. Against this backdrop, Binny Mills’ underperformance is more pronounced, given the stock’s 0.00% return over the past year compared to the Sensex’s 8.94% gain.

Fundamental Assessment and Valuation Concerns

Binny Mills Ltd’s current valuation and fundamental metrics contribute to the subdued market sentiment. The company carries a negative book value, which is a key factor in its weak long-term fundamental strength. This negative equity position raises concerns about the company’s financial stability and risk profile.

Over the past year, the company’s net sales have declined at an annual rate of 7.00%, while operating profit has remained flat at 0%. Although profits have increased by 12% in the same period, this improvement has not translated into positive share price performance. The flat results reported in September 2025 further underscore the challenges in achieving consistent growth.

From a valuation perspective, the stock is considered risky relative to its historical averages. The current Mojo Score stands at 33.0, with a Mojo Grade of Sell, downgraded from Hold on 23 October 2025. The market capitalisation grade is rated 4, reflecting modest size and liquidity considerations.

Shareholding and Ownership Structure

The majority ownership of Binny Mills Ltd remains with its promoters, who continue to hold a controlling stake in the company. This concentrated shareholding structure may influence strategic decisions and market perceptions, particularly in light of the company’s current financial and market challenges.

Despite the stock’s recent decline to Rs.178.25, it remains significantly below its 52-week high of Rs.379.25, reflecting a substantial correction over the past year. The stock’s performance and valuation metrics indicate a cautious stance among market participants, with the company’s fundamentals and price action closely monitored.

Summary of Key Metrics

To summarise, Binny Mills Ltd’s stock has experienced a notable decline, reaching a 52-week low of Rs.178.25 on 3 February 2026. The stock’s performance over the last two days has been negative, with an 8.54% drop, and it has underperformed its sector by 6.02% on the day. The company’s financial indicators, including negative book value and flat operating profit, contribute to its current market standing. The downgrade to a Sell grade by MarketsMOJO on 23 October 2025 reflects these concerns.

While the broader market and sector have shown resilience, Binny Mills Ltd’s share price remains under pressure, trading below all major moving averages and reflecting a cautious outlook from investors and analysts alike.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →