Popular Vehicles & Services Stock Hits All-Time Low Amid Ongoing Volatility and Challenges

Popular Vehicles & Services, a microcap player in the passenger cars segment, has experienced significant volatility in its stock performance. Today, the stock has reached an all-time low, reflecting ongoing challenges. Currently, it is just 0.57% away from its 52-week low of Rs 96. Over the past three days, the stock has seen a decline of 4.12%, underperforming the sector by 0.86%.
In terms of moving averages, Popular Vehicles is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The stock's performance metrics reveal a stark contrast to the broader market; it has fallen 64.38% over the past year, while the BSE 500 index has gained 6.61%.

Financial results have also been disappointing, with a reported PAT of Rs -9.76 crore, marking a significant decline of 179.6% compared to the previous quarter's average. Despite these challenges, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 15.20% and operating profit at 18.30%. Additionally, the stock boasts a high institutional holding of 25.05%, suggesting a level of confidence among larger investors.