Kush Industries Ltd Stock Falls to 52-Week Low of Rs.6.21

Stock Price Movement and Market Context

On 28 Jan 2026, Kush Industries Ltd’s share price fell sharply by 7.13%, underperforming its sector by nearly 10%. This decline extended a two-day losing streak during which the stock has dropped approximately 7.79%. The current price of Rs.6.21 stands well below its 52-week high of Rs.11.50, representing a substantial depreciation of 46% from that peak.

The stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish sentiment. In contrast, the broader Textile sector has gained 2.99% on the same day, while the Sensex index opened flat and later rose by 0.2% to 82,019.08 points. Notably, several indices such as NIFTY METAL and S&P Bse PSU reached new 52-week highs, underscoring Kush Industries’ relative underperformance.

Financial and Fundamental Overview

Kush Industries Ltd’s financial health remains a concern. The company carries a negative book value, indicating that its liabilities exceed its assets on the balance sheet. This weak long-term fundamental strength is reflected in its MarketsMOJO Mojo Score of 12.0 and a Mojo Grade of Strong Sell, upgraded from Sell on 28 Jul 2025.

Over the past five years, the company’s net sales have declined at an annual rate of 5.84%, while operating profit has remained stagnant at 0%. The average debt-to-equity ratio stands at zero, suggesting limited reliance on debt financing; however, this has not translated into improved profitability or growth.

Recent Quarterly and Half-Yearly Performance

The latest half-yearly results reveal troubling trends. Cash and cash equivalents have dwindled to a low of Rs.0.27 crore, while the debtors turnover ratio has dropped to 0.00 times, indicating potential issues in receivables management. Quarterly PBDIT (Profit Before Depreciation, Interest and Taxes) has turned negative at Rs.-0.05 crore, signalling operational losses.

Despite these challenges, the company’s profits have marginally increased by 4% over the past year, though this has not been sufficient to offset the overall negative returns of -26.19% generated by the stock during the same period. This contrasts sharply with the Sensex’s positive 8.10% return over the last year.

Comparative Performance and Risk Assessment

Over the last three years, Kush Industries Ltd has consistently underperformed the BSE500 benchmark, reflecting persistent challenges in maintaining competitive growth and profitability. The stock’s risk profile is elevated, trading at valuations that are considered risky relative to its historical averages. This is compounded by the company’s negative EBITDA and weak liquidity position.

While the company is classified as a micro-cap within the Garments & Apparels sector, its market capitalisation grade is rated at 4, indicating a relatively small market cap compared to larger peers. Promoters remain the majority shareholders, maintaining control over the company’s strategic direction.

Sector and Market Dynamics

The Garments & Apparels sector, to which Kush Industries belongs, has shown mixed performance recently. While the broader Textile sector gained 2.99% on the day Kush Industries hit its 52-week low, the company’s stock has not mirrored this positive trend. The Sensex’s current position below its 50-day moving average, despite the 50DMA trading above the 200DMA, suggests a cautious market environment with selective sectoral leadership.

Large-cap stocks continue to lead market gains, whereas micro-cap stocks like Kush Industries face headwinds amid shifting investor preferences and sector rotations.

Summary of Key Metrics

To summarise, Kush Industries Ltd’s stock performance and financial indicators as of 28 Jan 2026 are as follows:

• New 52-week low price: Rs.6.21


• Day change: -7.13%


• Consecutive two-day decline: -7.79%


• Mojo Score: 12.0 (Strong Sell)


• Market Cap Grade: 4


• Net sales growth (5 years): -5.84% annually


• Operating profit growth (5 years): 0%


• Cash and cash equivalents (HY): Rs.0.27 crore


• Debtors turnover ratio (HY): 0.00 times


• Quarterly PBDIT: Rs.-0.05 crore


• 1-year stock return: -26.19%


• Sensex 1-year return: +8.10%

The data underscores the stock’s ongoing challenges in regaining momentum and aligning with broader market and sectoral gains.

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