Gangotri Textiles Faces Financial Struggles Amidst Significant Market Volatility

May 05 2025 09:42 AM IST
share
Share Via
Gangotri Textiles, a microcap in the textile sector, has reached a new 52-week low amid significant volatility and underperformance compared to its sector. The company faces financial challenges, including a negative book value and high debt-to-equity ratio, while a large portion of promoter shares are pledged, raising concerns about its viability.
Gangotri Textiles, a microcap player in the textile industry, has experienced significant volatility, hitting a new 52-week low of Rs. 0.87 today. The stock has underperformed its sector by 4.78%, reflecting ongoing challenges within the company. Over the past year, Gangotri Textiles has seen a decline of 20.91%, contrasting sharply with the Sensex's positive performance of 9.29%.

Trading activity has been erratic, with the stock not trading on four out of the last 20 days. Currently, it is positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company's financial health is concerning, marked by a negative book value and a high debt-to-equity ratio, which raises red flags about its long-term viability.

Additionally, 74.84% of promoter shares are pledged, which could exert further downward pressure in a declining market. With flat results reported for December 2024 and stagnant net sales growth, Gangotri Textiles faces a challenging landscape as it navigates these financial hurdles.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Vishal Mega Mart falling/rising?
3 hours ago
share
Share Via
Why is Purple United falling/rising?
3 hours ago
share
Share Via
Why is Waaree Energies falling/rising?
3 hours ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
3 hours ago
share
Share Via
Why is Motherson Wiring falling/rising?
3 hours ago
share
Share Via
Why is DCX Systems falling/rising?
3 hours ago
share
Share Via
Why is Jana Small Finan falling/rising?
3 hours ago
share
Share Via