CHD Chemicals Hits 52-Week Low Amidst Persistent Financial Challenges and Underperformance

CHD Chemicals has experienced significant activity today, reaching a new 52-week low of Rs. 4.81. This decline marks a notable underperformance, with the stock trailing its sector by 15.41%. Over the past two days, CHD Chemicals has seen a consecutive fall, accumulating a total decline of 15.91%.
In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent downward trend. Over the past year, CHD Chemicals has recorded a return of -24.01%, contrasting sharply with the Sensex's performance of -2.27%.

The company's financial health raises concerns, highlighted by a high debt-to-EBITDA ratio of 7.93 times, suggesting challenges in servicing its debt. Additionally, CHD Chemicals has reported an average return on equity of just 1.76%, reflecting low profitability. The recent quarterly results also indicate operating losses, with the lowest PBDIT recorded at Rs. -0.16 crore.

As the market remains positive, with the Sensex trading at 80,669.94, CHD Chemicals continues to face significant hurdles in its operational and financial performance.