Jagjanani Textiles Hits 52-Week Low as Stock Plummets to Rs. 5.21

Jagjanani Textiles, a microcap player in the Garments & Apparels industry, has reached a new 52-week low, hitting Rs. 5.21 on October 13, 2025. This decline marks a significant downturn for the company, which has seen its stock price plummet by 58.32% over the past year, contrasting sharply with the Sensex's modest gain of 1.05% during the same period.
Despite today's performance, where Jagjanani Textiles outperformed its sector by 0.92%, the stock continues to trade below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company's financial health raises concerns, highlighted by a negative book value and a high debt-to-equity ratio, indicating potential risks for investors.

In a notable development, promoter confidence appears to be rising, with a 0.5% increase in their stake, bringing their total ownership to 25.06%. This could suggest a belief in the company's long-term prospects, even as it grapples with significant operational challenges and a negative EBITDA.