Flexituff Ventures Faces Severe Financial Strain Amid Prolonged Stock Decline

Flexituff Ventures International, a microcap player in the Garments & Apparels industry, has experienced significant volatility, hitting a new 52-week low of Rs. 19.35 today. This marks a notable decline, as the stock has underperformed its sector by 5.38% and has been on a downward trajectory for the past 13 consecutive days, resulting in a staggering 46.06% drop during this period.
The stock opened with a loss of 4.96% and reached an intraday low of Rs. 19.35. Flexituff is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. Over the past year, the stock has plummeted by 71.62%, contrasting sharply with the Sensex's modest gain of 1.61%.

Financially, Flexituff faces challenges with a high debt-to-equity ratio of 15.34 times and a debt-to-EBITDA ratio of 5.59 times, reflecting its low ability to service debt. The company has reported negative results for 12 consecutive quarters, with a PAT of Rs. -18.33 crore, a decline of 141.8%. Additionally, 77% of promoter shares are pledged, adding further risk to the stock's performance.