Graviss Hospitality Stock Plummets to New 52-Week Low at Rs. 37

Graviss Hospitality has reached a new 52-week low, hitting Rs. 37 today, marking a significant decline in its stock performance. This drop comes as the company continues to face challenges in the competitive Hotels & Resorts industry. The stock underperformed its sector by 4.83%, reflecting broader market trends, as the Sensex also experienced a downturn, closing at 82,149.56 after a decline of 254.98 points.
Intraday trading saw Graviss Hospitality fluctuate between a high of Rs. 41.37 and the day's low of Rs. 37, indicating high volatility with an intraday volatility rate of 5.56%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend.

Over the past year, Graviss Hospitality has reported a performance decline of 21.32%, significantly underperforming the Sensex, which has seen a modest increase of 0.17%. The company's financial metrics indicate ongoing operational difficulties, including a negative PAT of Rs. -2.22 crore and a low inventory turnover ratio. As the stock continues to navigate these challenges, its market position remains precarious.