Responsive Industries Hits New 52-Week Low at Rs. 168.55

Responsive Industries has reached a significant milestone today, hitting a 52-week low of Rs. 168.55. This decline marks a notable point in the stock's performance, particularly as it has underperformed the broader market, with a one-year return of -30.97%, contrasting sharply with the Sensex's gain of 6.77% over the same period.
Today's trading saw the stock outperform its sector by 0.63%, despite touching an intraday low of Rs. 168.55, reflecting a decrease of 6.78%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.

In the context of the overall market, the Sensex has shown resilience, climbing 476.77 points to reach 84,774.16, buoyed by a positive opening. While the Sensex is nearing its 52-week high, Responsive Industries continues to face challenges, evidenced by its recent performance metrics and the broader market dynamics. The company maintains a strong ability to service its debt, with a low Debt to EBITDA ratio of 1.18 times, and has demonstrated healthy long-term growth with an annual operating profit increase of 69.93%.