Forbes Precision Tools & Machine Parts Ltd Falls to 52-Week Low of Rs.128.1

Stock Price Movement and Market Context

On 20 Jan 2026, Forbes Precision Tools & Machine Parts Ltd recorded an intraday low of Rs.128.1, which also represents its all-time low. The stock has been on a downward trajectory for the past two days, losing 4.34% over this period. Despite touching an intraday high of Rs.135, the share closed lower, reflecting a day change of -1.70%. This performance slightly outpaced the Electronics - Components sector, which declined by 2.5% on the same day.

The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating sustained bearish momentum. This technical positioning underscores the challenges the stock faces in regaining upward momentum.

Comparative Performance and Market Indices

Over the last year, Forbes Precision Tools & Machine Parts Ltd has delivered a return of -43.67%, significantly underperforming the Sensex, which posted a positive return of 6.55% during the same period. The Sensex itself has been under pressure, falling sharply by 1,082.48 points (-1.35%) on the day and experiencing a three-week consecutive decline totalling -4.24%. Despite this, the Sensex remains within 4.91% of its 52-week high of 86,159.02.

The stock’s 52-week high was Rs.259, highlighting the extent of the recent price erosion. This stark contrast emphasises the stock’s relative weakness within the broader market and its sector.

Financial Performance and Valuation Metrics

Forbes Precision Tools & Machine Parts Ltd’s long-term growth has been subdued, with operating profit declining at an annualised rate of -5.76% over the past five years. The company reported flat results in the September 2025 quarter, reflecting limited near-term earnings expansion.

Profitability metrics reveal a return on equity (ROE) of 18.80%, which is relatively high and indicates efficient management of shareholder funds. The company maintains a low average debt-to-equity ratio of zero, suggesting a conservative capital structure with minimal leverage.

Despite the recent price decline, the stock offers a dividend yield of 3.75% at the current price level, which is notable in the context of its valuation. The price-to-book value stands at 4.5, reflecting a fair valuation relative to its equity base.

Shareholding and Promoter Pledge Impact

A significant factor influencing the stock’s performance is the high level of promoter share pledge, with 94.4% of promoter shares pledged. This elevated pledge ratio can exert additional downward pressure on the stock price, particularly in falling markets, as it may lead to forced selling or increased market apprehension.

The combination of subdued profit growth, high promoter pledge, and technical weakness has contributed to the stock’s recent decline to its 52-week low.

Relative Performance Within BSE500

Forbes Precision Tools & Machine Parts Ltd has underperformed the BSE500 index across multiple time frames, including the last three years, one year, and three months. This consistent underperformance highlights challenges in both long-term and short-term stock price appreciation relative to a broad market benchmark.

Sector and Market Dynamics

The Industrial Manufacturing sector, to which Forbes Precision Tools & Machine Parts Ltd belongs, has faced headwinds amid broader market volatility. The Electronics - Components sector, closely related in terms of market dynamics, declined by 2.5% on the day the stock hit its low. This sectoral weakness has compounded the stock’s challenges.

Meanwhile, the Sensex’s recent decline and its position below the 50-day moving average, despite the 50DMA trading above the 200DMA, reflect a cautious market environment. The index’s three-week consecutive fall of 4.24% adds to the overall risk sentiment impacting stocks like Forbes Precision Tools.

Summary of Key Metrics

At the current price of Rs.128.1, the stock’s key metrics are as follows:

• 52-week low and all-time low: Rs.128.1


• 52-week high: Rs.259


• One-year return: -43.67%


• Dividend yield: 3.75%


• Return on equity (ROE): 18.80%


• Debt-to-equity ratio: 0 (average)


• Price-to-book value: 4.5


• Promoter shares pledged: 94.4%


• Mojo Score: 34.0 (Sell), downgraded from Strong Sell on 01 Jul 2025

The stock’s Mojo Grade was downgraded from Strong Sell to Sell on 1 July 2025, reflecting a reassessment of its risk and return profile. The Market Cap Grade stands at 4, indicating a mid-tier market capitalisation relative to peers.

While the company demonstrates high management efficiency and a conservative capital structure, the prevailing market conditions and shareholding structure have contributed to the stock’s recent decline to its lowest levels in over a year.

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