Rasandik Engineering Industries India Hits 52-Week Low at Rs.60

2 hours ago

Share Via

Rasandik Engineering Industries India has reached a new 52-week low of Rs.60, marking a significant price level for the auto components company amid a challenging market environment and subdued financial performance over the past year.

Stock Price Movement and Market Context

On 15 Dec 2025, Rasandik Engineering Industries India’s stock price touched Rs.60, the lowest level recorded in the past 52 weeks. This price point contrasts sharply with its 52-week high of Rs.127.75, reflecting a substantial shift in market valuation over the year. Despite the recent three-day gain period, where the stock rose by 2.14%, the current price remains below key moving averages including the 20-day, 50-day, 100-day, and 200-day averages, indicating a longer-term subdued momentum. The stock is trading above its 5-day moving average, suggesting some short-term support, but the broader trend remains below these critical technical levels.

In comparison, the broader market has shown relative strength. The Sensex opened lower at 84,891.75 points, down by 375.91 points (-0.44%), but has since stabilised, trading near 85,234.56 points (-0.04%). The Sensex remains close to its 52-week high of 86,159.02, just 1.08% away, supported by bullish moving averages where the 50-day moving average is above the 200-day moving average. Small-cap stocks have led the market rally, with the BSE Small Cap index gaining 0.45% on the day, outperforming Rasandik Engineering Industries India’s sector performance.

Financial Performance and Profitability Indicators

Rasandik Engineering Industries India’s financial results over the recent nine months reveal a contraction in net sales, which stood at Rs.40.15 crores, reflecting a decline of 24.42% compared to the previous period. The company reported a net loss after tax (PAT) of Rs.-4.36 crores for the same period, also showing a decline of 24.42%. The return on capital employed (ROCE) for the half-year was recorded at -2.88%, indicating that the company’s capital utilisation has not generated positive returns.

The average return on equity (ROE) is reported at 1.64%, signalling limited profitability relative to shareholders’ funds. Additionally, the company’s debt servicing capacity appears constrained, with a debt to EBITDA ratio of 6.90 times, highlighting a relatively high leverage position. These financial metrics collectively point to subdued operational results and challenges in generating sustainable earnings.

Long-Term and Recent Performance Trends

Over the past year, Rasandik Engineering Industries India’s stock has recorded a return of -45.28%, significantly underperforming the Sensex, which posted a positive return of 3.75% during the same period. The company’s profits have shown a sharper decline, with a fall of 57.2% over the last year. This underperformance extends beyond the recent year, as the stock has lagged behind the BSE500 index across one-year, three-month, and three-year timeframes.

The company has reported negative results for three consecutive quarters, reflecting persistent challenges in financial outcomes. The combination of declining sales, losses, and negative returns on capital employed underscores the subdued business environment for Rasandik Engineering Industries India within the auto components sector.

Valuation and Risk Considerations

The stock is currently trading at levels considered risky relative to its historical valuations. The high debt to EBITDA ratio and negative operating profits contribute to this elevated risk profile. The company’s weak long-term fundamental strength is reflected in its financial ratios and recent performance, which have influenced market sentiment and valuation levels.

Promoters remain the majority shareholders, maintaining control over the company’s strategic direction. However, the financial indicators suggest that the company is navigating a challenging phase with subdued profitability and leverage concerns.

Sector and Market Environment

Rasandik Engineering Industries India operates within the Auto Components & Equipments sector, which has experienced mixed performance amid broader market trends. While small-cap stocks have shown leadership in the current market rally, the company’s stock has not mirrored this trend, reflecting sector-specific and company-specific factors influencing its valuation.

The Sensex’s proximity to its 52-week high and its bullish moving averages contrast with the stock’s position near its 52-week low, highlighting the divergence between the company’s performance and broader market indices.

Summary of Key Metrics

To summarise, Rasandik Engineering Industries India’s key financial and market metrics as of 15 Dec 2025 include:

New 52-week low price: Rs.60

52-week high price: Rs.127.75

One-year stock return: -45.28%

Sensex one-year return: 3.75%

Net sales (9 months): Rs.40.15 crores, down 24.42%

PAT (9 months): Rs.-4.36 crores, down 24.42%

ROCE (half-year): -2.88%

Debt to EBITDA ratio: 6.90 times

Average ROE: 1.64%

The stock’s recent performance and financial indicators reflect a period of subdued activity and valuation pressures within the auto components sector.

Only for Rs. 14,999 - Get Access to 2 Years + 6 Months of All Premium Features on MarketsMojo. As low as ₹500/month! Claim 83% OFF →

{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)

MOJO SCORE