The stock opened with a gap up of 2.83%, touching an intraday high of Rs.88.9, but subsequently faced selling pressure that pushed it down to the day’s low of Rs.75.3, representing a sharp intraday fall of 12.9%. This price level is the lowest the stock has traded at in the past year, reflecting a sustained period of weakness. Over the last six consecutive trading days, Garnet International has recorded a cumulative return of -28.87%, underperforming its sector by 11.91% on the day.
Garnet International’s current trading price is below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent downward momentum. The stock’s intraday volatility was notably high at 8.28%, underscoring the unsettled market sentiment surrounding the company.
Momentum building strong! This Mid Cap from NBFC is on our MomentumNow radar. Other investors are catching on – will you join?
- Building momentum strength
- Investor interest growing
- Limited time advantage
In comparison, the broader market has shown resilience. The Sensex opened flat but gained 533.22 points to close at 85,177.00, just 0.13% shy of its 52-week high of 85,290.06. The index is trading above its 50-day moving average, supported by strong performances from mega-cap stocks. This divergence highlights Garnet International’s relative underperformance within the current market environment.
Over the past year, Garnet International’s stock price has declined by approximately 39.95%, contrasting with the Sensex’s positive return of 9.79% during the same period. The stock’s 52-week high was Rs.181, indicating a substantial drop from its peak levels. This performance gap reflects challenges faced by the company within the NBFC sector.
Fundamental metrics provide further insight into the stock’s valuation and financial health. Garnet International’s average Return on Equity (ROE) stands at 4.73%, which is modest relative to industry standards. The company’s net sales have shown a negative annual growth rate of 7.76%, indicating contraction over the longer term. Despite this, the company reported a quarterly Profit Before Depreciation, Interest and Taxes (PBDIT) of Rs.1.76 crore, the highest recorded in recent quarters, alongside a Profit Before Tax excluding other income (PBT less OI) of Rs.2.80 crore and a Profit After Tax (PAT) of Rs.2.81 crore in the latest quarter.
Valuation metrics suggest that Garnet International is trading at a Price to Book Value of 4.1, which is considered expensive relative to its historical valuations and peers. The company’s Return on Equity for the latest period is 10.3%, and the Price/Earnings to Growth (PEG) ratio is 2.9. Despite the stock’s negative price returns of around 40.19% over the past year, profits have increased by 13.5%, indicating some operational improvements amid the price decline.
One notable concern is the proportion of promoter shares pledged, which currently stands at 25.53%. This figure has risen by 14% over the last quarter. High levels of pledged shares can exert additional downward pressure on stock prices, particularly in falling markets, as it may lead to forced selling if margin calls arise.
Considering Garnet International ? Wait! SwitchER has found potentially better options in Non Banking Financial Company (NBFC) and beyond. Compare this micro-cap with top-rated alternatives now!
- Better options discovered
- Non Banking Financial Company (NBFC) + beyond scope
- Top-rated alternatives ready
In the context of the NBFC sector, Garnet International’s performance contrasts with broader market trends. The BSE500 index has generated returns of 8.20% over the past year, while Garnet International has recorded negative returns of approximately 40.19%. This underperformance highlights the challenges faced by the company relative to its sector peers and the wider market.
Despite the recent positive quarterly results reported in September 2025, which followed flat results in June 2025, the stock has continued to face downward pressure. The highest quarterly PBDIT, PBT less other income, and PAT figures suggest some operational resilience, but these have not translated into price stability or upward momentum in the stock.
Overall, Garnet International’s fall to a 52-week low of Rs.75.3 reflects a combination of factors including subdued long-term sales growth, valuation concerns, elevated promoter share pledging, and a broader market environment where the stock has not kept pace with sector and index gains. The stock’s high intraday volatility and trading below all major moving averages further illustrate the current challenges faced by the company in the equity markets.
Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
