First Custodian Fund(I) Hits New 52-Week Low at Rs. 71

First Custodian Fund(I), a microcap player in the Non-Banking Financial Company (NBFC) sector, has reached a new 52-week low of Rs. 71 today, marking a significant decline in its market performance. This drop comes as the stock has underperformed its sector by 2.97%, continuing a downward trend with a total decline of 3.49% over the past two days.
Today's trading session saw the stock experience high volatility, with an intraday volatility rate of 12.85%. The stock peaked at an intraday high of Rs. 91.95, but ultimately closed much lower, reflecting ongoing challenges in its performance metrics. Notably, First Custodian Fund(I) is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of underperformance.

Over the past year, the stock has recorded a staggering decline of 31.43%, contrasting sharply with the Sensex's positive performance of 5.13%. The company's fundamentals show a weak long-term outlook, with an average Return on Equity (ROE) of 7.72% and a significant drop in profits by 61.3% over the same period.