Plaza Wires Hits New 52-Week Low as Stock Plummets to Rs. 41

Plaza Wires, a microcap company in the electrical cables industry, has reached a significant milestone by hitting a new 52-week low of Rs. 41 on November 10, 2025. This decline marks a notable downturn for the stock, which has been on a consecutive six-day losing streak, resulting in a total drop of 9.42% during this period.
In terms of performance, Plaza Wires has underperformed its sector by 2.16% today, reflecting broader challenges faced by the company. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.

Over the past year, Plaza Wires has experienced a significant decline of 43.30%, contrasting sharply with the Sensex, which has gained 5.26% during the same timeframe. The company's long-term fundamentals show a negative compound annual growth rate (CAGR) of 20.36% in operating profits over the last five years, alongside a low return on equity of 2.36%.

Despite some positive results reported in June, including a 71.43% growth in profit after tax and a 25.76% increase in net sales for the nine-month period, the overall performance remains below par.