Salzer Electronics Stock Hits New 52-Week Low at Rs. 677.25

Salzer Electronics, a small-cap player in the Other Electrical Equipment industry, has reached a new 52-week low of Rs. 677.25 today, marking a significant downturn for the stock. This decline comes after a series of seven consecutive days of falling prices, although the stock managed to outperform its sector by 1.36% today. The intraday high for Salzer Electronics was recorded at Rs. 706.85, reflecting a 3.12% increase at that point.
In terms of moving averages, Salzer Electronics is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has underperformed significantly, with a decline of 34.40%, contrasting sharply with the Sensex's positive performance of 4.75%.

Financial metrics reveal a challenging landscape for the company, with a debt-equity ratio of 8.19 times and a low debtors turnover ratio of 0.33 times. Additionally, the company's profits have decreased by 17.6% over the past year, further highlighting the difficulties faced by Salzer Electronics in the current market environment.