Last Mile Enterprises Ltd Falls to 52-Week Low of Rs.7.08

Stock Price Movement and Market Context

The stock has been under pressure for the past two trading sessions, registering a cumulative loss of 6.46%. Today’s decline of 3.92% further extended its underperformance relative to the NBFC sector, which itself fell by 1.55%, indicating a sector-wide weakness but with Last Mile Enterprises Ltd lagging behind. The share price now trades below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a sustained downtrend.

In comparison, the broader market benchmark, the Sensex, opened flat but later declined by 0.51%, closing at 82,823.56 points. Despite this, the Sensex remains within 4.03% of its 52-week high of 86,159.02. However, the index has experienced a three-week consecutive fall, losing 3.43% over this period, reflecting cautious investor sentiment.

Long-Term Performance and Valuation Metrics

Over the past year, Last Mile Enterprises Ltd has delivered a negative return of 82.84%, a stark contrast to the Sensex’s positive 7.46% gain during the same period. The stock’s 52-week high was Rs.41.80, underscoring the extent of the recent decline. This performance has contributed to a downgrade in the company’s Mojo Grade from Strong Sell to Sell as of 3 December 2025, with a current Mojo Score of 32.0, reflecting weak long-term fundamentals.

The company’s average Return on Equity (ROE) stands at 5.13%, which is considered modest within the NBFC sector. Despite this, the stock trades at a Price to Book Value of 0.7, indicating an attractive valuation relative to its peers. The PEG ratio is notably low at 0.1, suggesting that the stock’s price decline has outpaced its earnings growth.

Financial Results and Growth Indicators

Despite the stock’s price decline, Last Mile Enterprises Ltd has reported positive financial results over the last five consecutive quarters. The company’s Profit After Tax (PAT) for the nine-month period stands at Rs.12.04 crores, reflecting a growth rate of 64.03%. Net sales for the latest quarter reached Rs.785.64 crores, marking a 94.2% increase compared to the previous four-quarter average.

These figures indicate that while the stock price has been under pressure, the company’s earnings and sales have shown considerable improvement. However, this growth has not translated into a corresponding uplift in market valuation or investor confidence, as evidenced by the stock’s continued downward trajectory.

Shareholding Pattern and Market Capitalisation

The majority of the company’s shares are held by non-institutional investors, which may contribute to higher volatility in the stock price. The Market Capitalisation Grade is rated at 4, reflecting a relatively modest market cap within the NBFC sector.

Last Mile Enterprises Ltd’s underperformance is also evident when compared to the BSE500 index, where it has lagged over the last three years, one year, and three months, underscoring persistent challenges in maintaining competitive returns.

Technical Indicators and Market Sentiment

The stock’s position below all major moving averages signals a bearish technical outlook. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages all lie above the current price, indicating sustained selling pressure. This technical weakness is compounded by the stock’s underperformance relative to its sector and the broader market indices.

While the Sensex has experienced a mild correction, Last Mile Enterprises Ltd’s decline is more pronounced, reflecting company-specific factors that have weighed on investor sentiment. The downgrade in the Mojo Grade from Strong Sell to Sell suggests a slight improvement in outlook, though the overall assessment remains cautious.

Summary of Key Metrics

To summarise, the stock’s new 52-week low of Rs.7.08 represents a significant decline from its 52-week high of Rs.41.80. The one-year return of -82.84% contrasts sharply with the Sensex’s positive 7.46% gain. Despite positive earnings growth and sales expansion, the stock continues to trade at a discount, with a Price to Book Value of 0.7 and a PEG ratio of 0.1. The company’s ROE of 5.13% remains modest, and the shareholding pattern is dominated by non-institutional investors.

These factors collectively contribute to the stock’s current valuation and market performance, reflecting a complex interplay of financial results, market dynamics, and investor perceptions within the NBFC sector.

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