Elixir Capital Hits New 52-Week Low at Rs. 95.6 Amid Market Gains

Elixir Capital, a microcap player in the Non-Banking Financial Company (NBFC) sector, has reached a new 52-week low of Rs. 95.6 today, marking a significant decline in its market performance. This drop comes as the stock underperformed its sector by 10.82%, reflecting broader challenges faced by the company.
The stock experienced high volatility, with an intraday low of Rs. 95.6, representing an 18.85% decrease during the trading session. Elixir Capital is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Over the past year, the stock has seen a decline of 25.79%, contrasting sharply with the Sensex, which has gained 5.37% during the same period.

Despite the recent downturn, Elixir Capital has demonstrated strong long-term fundamental strength, with an average Return on Equity (ROE) of 22.59%. However, the company has faced challenges, including a significant drop in net sales and profits over the past year. As the market continues to evolve, Elixir Capital's performance will be closely monitored by stakeholders.