Mihika Industries Stock Plummets to All-Time Low Amid Ongoing Financial Struggles

Mihika Industries has reached an all-time low, with its stock price hitting Rs. 14.5 on November 4, 2025. This significant decline marks a notable moment for the microcap company operating in the Trading & Distributors sector. The stock has underperformed its sector by 6.58% today and has seen a consecutive drop over the past two days, resulting in a total decline of 7.64% during this period.
In terms of performance metrics, Mihika Industries has consistently traded below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past month, the stock has experienced a steep decline of 18.54%, while its year-to-date performance shows a decrease of 35.93%.

Despite reporting positive results for the last four consecutive quarters and net sales of Rs. 29.43 crore in the latest six months, the company faces challenges with weak long-term fundamental strength and a negative EBITDA. The stock's performance has been below par, with a one-year return of -43.36%, highlighting ongoing difficulties in the market context.