Hemang Resources Stock Falls to 52-Week Low of Rs.18.47

Recent Price Movement and Market Context

On 1 December 2025, Hemang Resources' stock price declined to Rs.18.47, representing the lowest level in the past year. The stock has been on a downward trajectory for two consecutive days, with a cumulative return of -6.47% over this period. Today’s performance showed a day change of -4.59%, underperforming its sector by approximately -4.06%. This decline contrasts with the broader market, where the Sensex, despite opening 359.25 points higher, retreated by -424.02 points to close at 85,641.90, just 0.48% shy of its 52-week high of 86,055.86.

While the Sensex maintains a bullish stance, trading above its 50-day and 200-day moving averages, Hemang Resources is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning highlights the stock’s current weakness relative to broader market trends.

Financial Performance and Operational Indicators

Over the last year, Hemang Resources has recorded a return of -32.07%, a stark contrast to the Sensex’s 7.32% gain during the same period. The stock’s 52-week high was Rs.34.57, indicating a substantial decline of nearly 47% from that peak.

The company’s financial results reveal several areas of concern. The profit after tax (PAT) for the nine months ended September 2025 stood at Rs.1.09 crore, reflecting a contraction of approximately 90.79% compared to the previous period. Additionally, the debtors turnover ratio for the half-year was recorded at 0.33 times, one of the lowest in recent periods, suggesting slower collection cycles and potential liquidity constraints.

Hemang Resources has reported negative earnings before interest, taxes, depreciation, and amortisation (EBITDA), which contributes to a high debt to EBITDA ratio of -1.00 times. This ratio indicates challenges in servicing debt obligations from operational earnings, which may weigh on the company’s financial stability.

Long-Term Performance and Sector Comparison

Hemang Resources has consistently underperformed its benchmark indices over the past three years. Alongside the -32.07% return in the last year, the stock has lagged behind the BSE500 index in each of the last three annual periods. This trend underscores the challenges faced by the company in maintaining competitive performance within the Trading & Distributors sector.

The sector itself has shown mixed results, with small-cap stocks leading gains today, as indicated by the BSE Small Cap index rising by 0.05%. However, Hemang Resources has not mirrored this positive momentum, remaining subdued in comparison.

Shareholding and Market Position

The majority shareholding in Hemang Resources remains with the promoters, which continues to influence the company’s strategic direction and market perception. Despite this, the stock’s current valuation and financial indicators suggest a cautious stance among market participants.

Summary of Key Financial Metrics

To summarise, Hemang Resources’ recent financial data highlights several critical points:

• Share price at Rs.18.47, the lowest in 52 weeks


• Yearly return of -32.07% against Sensex’s 7.32%


• PAT for nine months at Rs.1.09 crore, down by 90.79%


• Debtors turnover ratio at 0.33 times, indicating slower receivables


• Negative EBITDA contributing to a debt to EBITDA ratio of -1.00 times


• Trading below all major moving averages, signalling technical weakness

These figures provide a clear picture of the company’s current financial standing and market valuation.

Market Environment and Broader Implications

The broader market environment shows a mixed scenario. While the Sensex remains close to its 52-week high and small caps are showing modest gains, Hemang Resources is positioned at a relative disadvantage. The stock’s performance contrasts with the overall market’s technical indicators, which remain bullish.

Investors and market watchers may note the divergence between Hemang Resources’ stock trajectory and the general market trend, reflecting company-specific factors influencing its valuation.

Conclusion

Hemang Resources’ fall to a 52-week low of Rs.18.47 marks a significant milestone in its recent market journey. The stock’s performance over the past year and its financial metrics illustrate the challenges faced by the company within the Trading & Distributors sector. While the broader market exhibits resilience, Hemang Resources remains under pressure, as reflected in its share price and key financial ratios.

Monitoring the company’s financial disclosures and market movements will be essential for understanding its evolving position in the coming periods.

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