Inter State Oil Carrier Faces Significant Volatility Amid Weak Financial Fundamentals

Mar 27 2025 09:42 AM IST
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Inter State Oil Carrier, a microcap logistics firm, has seen notable volatility, reaching a new 52-week low. The stock has underperformed its sector and is trading below key moving averages. Financial metrics indicate weak long-term fundamentals, with challenges in debt servicing despite some positive quarterly results.
Inter State Oil Carrier, a microcap player in the logistics industry, has experienced significant volatility today, hitting a new 52-week low of Rs. 32.7. This decline comes as the stock underperformed its sector by 6.07%, opening with a loss of 2.86% and reaching an intraday low of Rs. 32.7, reflecting a drop of 6.57% during the trading session.

The company's performance over the past year shows a decrease of 1.22%, contrasting sharply with the Sensex, which has gained 6.06% in the same period. Inter State Oil Carrier is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Financial metrics reveal a weak long-term fundamental strength, with an average Return on Capital Employed (ROCE) of 4.19% and a high Debt to EBITDA ratio of 3.76 times, suggesting challenges in servicing debt. Despite some positive quarterly results, including a peak PBDIT of Rs. 2.16 crore, the overall outlook remains cautious as the stock continues to face technical headwinds.
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