Ganesh Housing Corporation Stock Hits New 52-Week Low at Rs. 787.95

Ganesh Housing Corporation, a smallcap player in the realty sector, has reached a new 52-week low of Rs. 787.95 today, marking a significant decline in its stock performance. This drop comes as the company has faced a challenging period, with its stock underperforming the sector by 1.82% and experiencing a consecutive fall over the last two days, resulting in a total decline of 4.15%.
The company's recent financial results have shown a notable decrease in net sales, down 26.56%, alongside a drop in profit before tax and profit after tax, indicating ongoing difficulties. Over the past year, Ganesh Housing's stock has generated a return of -30.64%, contrasting sharply with the Sensex's positive performance of 4.19%.

Additionally, the stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite these challenges, the company maintains a strong ability to service its debt, evidenced by a low debt-to-EBITDA ratio of 0.24 times.