Calcom Vision Faces Continued Volatility Amid Weak Fundamentals and Sector Performance

Calcom Vision, a microcap player in the Consumer Durables - Electronics sector, has experienced significant volatility today, hitting a new 52-week low of Rs. 71.55. This decline marks a continuation of a downward trend, with the stock falling for three consecutive days, resulting in a total drop of 6.05% during this period. Today, it opened with a loss of 2.12% and reached an intraday low of Rs. 71.55, reflecting a decrease of 5.36%.
Despite this downturn, Calcom Vision outperformed its sector, which has seen an overall decline of 5.12%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish technical trend. Over the past year, Calcom Vision has reported a staggering decline of 57.16%, contrasting sharply with the Sensex's performance of -2.53%.

Financially, the company has shown weak long-term fundamentals, with a Return on Capital Employed (ROCE) of just 5.79% and a high Debt to EBITDA ratio of 3.40 times. However, recent quarterly results indicate a positive trend in net sales, which grew by 27.3%, and operating profit has shown improvement.