Deep Industries Ltd Stock Falls to 52-Week Low of Rs 347

Stock Price Movement and Market Context

On 22 Jan 2026, Deep Industries Ltd’s stock touched an intraday low of Rs.347, representing its lowest price point in the last 52 weeks. Despite this, the stock managed to recover somewhat during the trading session, reaching an intraday high of Rs.366.55, a 3.25% gain from the previous close. The day ended with a modest positive change of 0.66%, outperforming the Oil sector by 0.61%. This slight rebound followed four consecutive days of declines, signalling a tentative trend reversal.

However, the stock remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, underscoring persistent downward momentum. This technical positioning suggests that the stock is currently trading in a bearish phase relative to its recent historical price levels.

Meanwhile, the broader market environment presents a mixed picture. The Sensex opened higher at 82,459.66 points, gaining 550.03 points (0.67%) but was trading slightly lower at 82,307.37 points (0.49%) during the day. The index remains 4.68% below its 52-week high of 86,159.02. Notably, the Sensex has experienced a three-week consecutive decline, losing 4.03% over this period. Mid-cap stocks have been leading the market rally, with the BSE Mid Cap index gaining 1.28% on the day, contrasting with the underperformance of Deep Industries Ltd.

Performance Metrics and Valuation Analysis

Over the past year, Deep Industries Ltd’s stock has declined by 35.97%, a stark contrast to the Sensex’s positive return of 7.73% and the BSE500’s 7.24% gain. This underperformance highlights the stock’s relative weakness within the broader market context. The 52-week high for the stock was Rs.594.90, indicating a substantial drop of nearly 42% from that peak.

From a valuation standpoint, the company’s Price to Book Value stands at 1.2, which is considered expensive relative to its own historical averages but remains in line with peer valuations. The company’s Return on Equity (ROE) is 11%, reflecting moderate profitability. Despite the stock’s price decline, Deep Industries Ltd has demonstrated robust profit growth, with profits rising by 53.2% over the past year. The Price/Earnings to Growth (PEG) ratio is notably low at 0.2, suggesting that earnings growth has outpaced the stock price decline.

Domestic mutual funds hold a minimal stake of 0.13% in the company. Given their capacity for detailed research and due diligence, this small holding may indicate a cautious stance towards the stock’s current valuation or business prospects.

Financial Health and Operational Performance

Deep Industries Ltd maintains a conservative capital structure, with an average Debt to Equity ratio of zero, indicating no reliance on debt financing. This low leverage reduces financial risk and supports long-term stability.

The company has exhibited healthy growth in operating profit, with an annualised increase of 55.29%. Additionally, it has reported positive results for six consecutive quarters, signalling consistent operational performance. The Return on Capital Employed (ROCE) for the half-year period stands at a high of 13.88%, reflecting efficient use of capital.

Quarterly financials reveal further strength: Profit After Tax (PAT) for the latest quarter reached Rs.67.41 crores, growing 47.6% compared to the average of the previous four quarters. Net sales for the quarter were Rs.221.01 crores, up 35.6% versus the prior four-quarter average. These figures underscore the company’s ability to expand revenue and profitability despite the stock’s subdued market performance.

Mojo Score and Analyst Ratings

Deep Industries Ltd currently holds a Mojo Score of 37.0, categorised as a Sell rating. This represents a downgrade from its previous Hold rating, which was revised on 10 Nov 2025. The Market Cap Grade is 3, indicating a mid-tier market capitalisation relative to other stocks in the evaluation universe. These ratings reflect the stock’s recent price weakness and relative underperformance within the Oil sector.

The downgrade aligns with the stock’s technical and fundamental indicators, including its trading below all major moving averages and its significant price decline over the past year. While the company’s financial results show growth in profits and sales, the market’s valuation appears cautious, possibly due to the stock’s expensive Price to Book ratio and limited institutional interest.

Summary of Key Price and Market Data

On 22 Jan 2026, Deep Industries Ltd’s stock price data was as follows:

• New 52-Week Low: Rs.347


• Intraday High: Rs.366.55 (+3.25%)


• Intraday Low: Rs.347 (-2.25%)


• Day Change: +0.66%


• Trading below 5, 20, 50, 100, and 200-day moving averages

In comparison, the Sensex opened at 82,459.66 points (+0.67%) and was trading at 82,307.37 points (+0.49%) during the day, remaining 4.68% below its 52-week high. The index has declined 4.03% over the past three weeks, while mid-cap stocks have shown relative strength.

Conclusion

Deep Industries Ltd’s stock reaching a 52-week low of Rs.347 reflects a period of price weakness amid broader market volatility and sector-specific factors. Despite solid financial performance, including profit growth and consistent quarterly results, the stock’s valuation and technical indicators have weighed on investor sentiment. The limited institutional holding and recent downgrade to a Sell rating further illustrate the cautious market stance. The stock’s current position below all major moving averages highlights the challenges it faces in regaining upward momentum within the prevailing market environment.

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