Recent Price Movement and Market Context
On 25 Nov 2025, Relicab Cable Manufacturing's share price touched Rs.44.16, its lowest level in the past year. This price point represents a notable fall from its 52-week high of Rs.112.80, indicating a substantial contraction in market valuation. Over the last three trading sessions, the stock has recorded a cumulative return of -5.28%, underperforming its sector by 0.73% on the day of the new low.
The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests sustained downward momentum relative to its recent trading history.
In comparison, the broader market has shown mixed signals. The Sensex opened 108.22 points higher but later declined by 421.92 points, settling at 84,587.01, which is 0.37% lower on the day. Despite this, the Sensex remains close to its 52-week high of 85,801.70, trading above its 50-day and 200-day moving averages, indicating a generally bullish trend for the benchmark index. Small-cap stocks led the market gains with the BSE Small Cap index rising by 0.2% on the same day.
Long-Term Performance and Valuation
Relicab Cable Manufacturing's one-year performance shows a decline of 58.53%, contrasting sharply with the Sensex's 5.59% gain over the same period. This underperformance extends beyond the last year, with the stock lagging behind the BSE500 index over three years, one year, and three months.
Despite the price decline, the company reported positive quarterly results in September 2025, with net sales reaching Rs.13.65 crores, reflecting a growth rate of 22.75%. The return on capital employed (ROCE) stands at 14.9%, which is considered attractive within its sector. Additionally, the enterprise value to capital employed ratio is 2.5, suggesting the stock is trading at a discount relative to its peers' historical valuations.
This week's revealed pick, a Large Cap from Public Banks with TARGET PRICE, is already showing movement! Get the complete analysis before it's too late.
- - Target price included
- - Early movement detected
- - Complete analysis ready
Financial Health and Debt Servicing
One of the concerns surrounding Relicab Cable Manufacturing is its capacity to service debt. The average EBIT to interest ratio is 1.47, indicating limited coverage of interest expenses by earnings before interest and tax. This ratio points to a relatively weak ability to meet debt obligations from operating profits.
Furthermore, promoter shareholding is heavily pledged, with 99.94% of promoter shares under pledge. In volatile or declining markets, such high levels of pledged shares can exert additional downward pressure on the stock price, as forced selling or margin calls may occur.
Profitability Trends
Over the past year, Relicab Cable Manufacturing's profits have declined by 37.7%, aligning with the downward trend in its stock price. While the company has demonstrated a compound annual growth rate (CAGR) of 13.52% in operating profits over the last five years, the recent profit contraction and share price movement highlight challenges in sustaining growth momentum.
Considering Relicab Cable Manufacturing ? Wait! SwitchER has found potentially better options in Other Electrical Equipment and beyond. Compare this micro-cap with top-rated alternatives now!
- - Better options discovered
- - Other Electrical Equipment + beyond scope
- - Top-rated alternatives ready
Sector and Industry Positioning
Relicab Cable Manufacturing operates within the Other Electrical Equipment industry and sector. The sector has experienced mixed performance recently, with some small-cap stocks leading gains while others face pressure. The company's valuation metrics, including ROCE and enterprise value ratios, suggest it is trading at a discount compared to sector peers, though this is accompanied by weaker long-term fundamentals and debt servicing metrics.
The stock's current price level at Rs.44.16 is significantly below its 52-week high of Rs.112.80, reflecting a substantial correction over the past year. This decline is consistent with the company's reported profit contraction and the high level of pledged promoter shares, which may influence market sentiment and price stability.
Summary of Key Metrics
To summarise, Relicab Cable Manufacturing's key financial and market metrics as of 25 Nov 2025 include:
- New 52-week low price: Rs.44.16
- 52-week high price: Rs.112.80
- One-year stock return: -58.53%
- Sensex one-year return: 5.59%
- Net sales growth (quarterly): 22.75% to Rs.13.65 crores
- Profit decline over one year: -37.7%
- ROCE: 14.9%
- Enterprise value to capital employed: 2.5
- EBIT to interest ratio (average): 1.47
- Promoter shares pledged: 99.94%
These figures illustrate the stock's current valuation and financial standing within its sector and the broader market environment.
Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →
