Honeywell Automation India Ltd Falls to 52-Week Low of Rs.30,660

Stock Price Movement and Market Context

On 28 Jan 2026, Honeywell Automation India Ltd (Stock ID: 215539) recorded its lowest price in the past year at Rs.30,660. This represents a notable underperformance relative to the Electronics - Components sector, which gained 2.14% on the same day. The stock itself rose by 1.41%, yet this was still 0.4% below the sector’s advance, indicating relative weakness.

The broader market environment was positive, with the Sensex climbing 339.18 points to close at 82,231.54, a 0.46% increase. Despite this, the Sensex remains 4.78% below its 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50DMA remains above the 200DMA, signalling mixed technical signals for the market overall.

Honeywell Automation’s stock is trading below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — underscoring a sustained downward trend. This technical positioning highlights the stock’s struggle to regain momentum despite a brief gain following three consecutive days of decline.

Financial Performance and Valuation Concerns

Over the last year, Honeywell Automation India Ltd has delivered a total return of -20.15%, significantly lagging behind the Sensex’s 8.34% gain. This underperformance extends beyond the past year, with the stock consistently trailing the BSE500 index across the last three annual periods.

The company’s operating profit has declined at an annualised rate of -0.84% over the past five years, reflecting subdued growth in core earnings. Additionally, profits fell by 2.2% over the last year, contributing to the stock’s diminished appeal.

Honeywell Automation’s return on equity (ROE) stands at 12.3%, which, when combined with a price-to-book (P/B) ratio of 6.5, indicates a valuation considered very expensive relative to its earnings and book value. Despite this, the stock is trading at a discount compared to the average historical valuations of its peers, suggesting some valuation relief but not enough to offset concerns about growth and profitability.

Sector Position and Market Capitalisation

Honeywell Automation India Ltd is the largest company within the Industrial Manufacturing sector, with a market capitalisation of approximately Rs.27,245 crores. This represents 27.41% of the entire sector’s market cap, underscoring its dominant position.

The company’s annual sales of Rs.4,537.80 crores account for 18.79% of the sector’s total revenue, further highlighting its significant market share. Despite this scale, the stock’s performance has not mirrored the sector’s gains, with Electronics - Components advancing notably while Honeywell Automation has lagged.

Financially, the company maintains a low debt-to-equity ratio, averaging zero, which indicates a conservative capital structure with minimal leverage. Majority ownership remains with promoters, providing stability in shareholding patterns.

Comparative Performance and Ratings

Honeywell Automation India Ltd’s Mojo Score currently stands at 30.0, with a Mojo Grade of Sell, downgraded from Hold on 2 Sep 2025. This rating reflects the stock’s deteriorated fundamentals and subdued growth prospects. The market cap grade is 2, indicating a mid-tier valuation relative to market size.

The downgrade aligns with the company’s flat financial results reported in September 2025 and the ongoing decline in profitability. The stock’s consistent underperformance against benchmarks and peers over multiple years has contributed to this assessment.

Technical and Trend Analysis

Technically, the stock’s breach of its 52-week low at Rs.30,660 is a key development. This level marks a significant support breach, reflecting investor caution and a lack of upward momentum. The recent gain after three days of decline may indicate a short-term pause in selling pressure, but the overall trend remains negative.

In contrast, the sector’s positive movement and the Sensex’s modest gains suggest that Honeywell Automation’s challenges are company-specific rather than market-driven. The stock’s inability to keep pace with sectoral and benchmark indices highlights underlying issues affecting its valuation and investor sentiment.

Summary of Key Metrics

To summarise, Honeywell Automation India Ltd’s key financial and market metrics as of 28 Jan 2026 are:

• 52-week low price: Rs.30,660


• 52-week high price: Rs.41,599.80


• One-year stock return: -20.15%


• Sensex one-year return: +8.34%


• Operating profit growth (5-year CAGR): -0.84%


• Profit decline over past year: -2.2%


• Return on Equity (ROE): 12.3%


• Price to Book Value (P/B): 6.5


• Mojo Score: 30.0 (Sell)


• Market Cap: Rs.27,245 crores


• Debt to Equity Ratio: 0 (average)

These figures illustrate the stock’s current valuation challenges and its relative underperformance within the sector and broader market.

Conclusion

Honeywell Automation India Ltd’s fall to a 52-week low of Rs.30,660 reflects a combination of subdued earnings growth, expensive valuation metrics, and persistent underperformance relative to benchmarks and peers. Despite its dominant market position and low leverage, the stock has struggled to maintain investor confidence amid flat financial results and declining profitability. The technical indicators reinforce the downward trend, with the stock trading below all major moving averages and breaching key support levels.

While the broader market and sector have shown resilience, Honeywell Automation’s price action and fundamental metrics suggest ongoing challenges in regaining upward momentum.

Unlock special upgrade rates for a limited period. Start Saving Now →