Stock Price Movement and Market Context
On 26 Feb 2026, Everest Industries Ltd (Stock ID: 530274) opened with a gain of 2.49%, reaching an intraday high of Rs.402.85. However, the stock reversed course to close near its low at Rs.384.55, down 1.42% on the day. This decline outpaced the sector’s underperformance by 1.14%, underscoring the stock’s relative weakness within the miscellaneous industry segment.
The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish sentiment. This technical positioning highlights the challenges the company faces in regaining upward momentum.
Meanwhile, the broader market, represented by the Sensex, experienced a volatile session. After opening 142.71 points higher, the index fell by 266.66 points to close at 82,152.12, down 0.15%. The Sensex remains 4.88% below its 52-week high of 86,159.02, with its 50-day moving average trading above the 200-day average, indicating a cautiously optimistic medium-term trend contrasting Everest Industries’ performance.
Financial Performance and Profitability Concerns
Everest Industries Ltd’s financial metrics reveal ongoing difficulties. The company has reported negative results for six consecutive quarters, with the latest Profit Before Tax (PBT) excluding other income at a loss of Rs.36.21 crores, representing a sharp 71.69% decline. Net sales for the latest six months stood at Rs.589.11 crores, down 21.23% year-on-year, while the net loss after tax widened to Rs.42.51 crores, also declining by 21.23%.
The company’s average Return on Equity (ROE) is a modest 4.25%, indicating limited profitability relative to shareholders’ funds. This figure reflects the company’s struggle to generate adequate returns despite its scale and market presence.
Additionally, Everest Industries is currently classified with a Mojo Score of 1.0 and a Mojo Grade of Strong Sell, an upgrade from its previous Sell rating as of 29 Sep 2025. This grading reflects the deteriorated fundamentals and heightened risk profile, signalling caution for stakeholders.
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Valuation and Shareholding Patterns
The stock’s valuation appears stretched relative to its historical averages, with a notable decline in profitability of 381.6% over the past year. Despite the company’s size, domestic mutual funds hold a minimal stake of just 0.05%, which may reflect limited confidence in the company’s near-term prospects or valuation levels.
Over the last year, Everest Industries Ltd has delivered a negative return of 32.50%, significantly underperforming the Sensex’s positive 10.06% gain. The stock’s 52-week high was Rs.748, illustrating the steep decline in market value over the period.
Longer-term performance also remains subdued, with the stock underperforming the BSE500 index across one-year, three-year, and three-month timeframes. This trend highlights persistent challenges in regaining investor confidence and market share.
Sector and Industry Positioning
Operating within the miscellaneous sector and industry, Everest Industries Ltd faces competitive pressures and market dynamics that have contributed to its recent performance. The company’s market capitalisation grade stands at 4, indicating a mid-tier size relative to peers, but this has not translated into improved financial outcomes.
Despite the stock’s recent volatility and price weakness, the broader market environment remains mixed, with the Sensex showing resilience despite intraday fluctuations. Everest Industries’ divergence from this trend underscores company-specific factors influencing its share price trajectory.
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Summary of Key Metrics
To summarise, Everest Industries Ltd’s current share price of Rs.384.55 represents a 52-week low, reflecting a year-long decline of 32.50%. The company’s financial results have been consistently negative, with six quarters of losses and deteriorating sales and profitability metrics. The Mojo Grade of Strong Sell and low Mojo Score of 1.0 further highlight the stock’s risk profile. Trading below all major moving averages, the stock’s technical indicators align with the fundamental challenges faced by the company.
While the broader market maintains a cautiously positive stance, Everest Industries Ltd’s performance remains subdued, with limited institutional backing and valuation concerns. These factors collectively contribute to the stock’s current position at its lowest price point in the past year.
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