Prakash Steelage Stock Hits New 52-Week Low at Rs. 4.95

Prakash Steelage, a microcap player in the Iron & Steel Products industry, has reached a new 52-week low of Rs. 4.95 today, November 13, 2025. This decline marks a significant downturn for the stock, which has been on a downward trajectory for the past three days, resulting in a total loss of 1.58% during this period.
The company's performance over the past year has been notably weak, with a staggering decline of 40.74%, contrasting sharply with the Sensex's positive performance of 8.74% in the same timeframe. Prakash Steelage is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.

In its latest quarterly results, the company reported net sales of Rs. 16.43 crore, reflecting a 14.2% decrease compared to the previous four-quarter average. Additionally, the company's ability to manage its debt remains a concern, as evidenced by a low EBIT to Interest ratio of 0.71. With a return on capital employed (ROCE) of just 5.2, the stock appears to be facing challenges in maintaining its market position amidst a backdrop of declining profits and underperformance relative to broader market indices.