S H Kelkar & Company Faces Significant Volatility Amid Broader Chemicals Sector Decline

S H Kelkar & Company, a small-cap player in the chemicals industry, has experienced significant volatility today, hitting a new 52-week low of Rs. 141.5. The stock has underperformed its sector by 0.39% and has seen a consecutive decline over the past four days, resulting in a total drop of 9.59%. Opening with a substantial loss of 19.21%, the stock reached an intraday low of Rs. 141.5.
In terms of moving averages, S H Kelkar & Company is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The chemicals sector overall has also faced challenges, declining by 5.25%.

Over the past year, S H Kelkar & Company has reported a performance decline of 22.64%, contrasting sharply with the Sensex's drop of only 2.31%. The company's financial metrics reveal a low Debt to Equity ratio of 0.46 and a return on capital employed (ROCE) of 13, suggesting a relatively attractive valuation despite recent struggles. Institutional investor participation has decreased by 1.03%, with these investors now holding 10.63% of the company.