Santosh Fine Fab Stock Plummets to 52-Week Low of Rs 24

Santosh Fine Fab has reached a significant milestone today, hitting a 52-week low of Rs 24. This decline marks a notable underperformance, with the stock trailing its sector by 4.42%. The stock opened with a gap down of 4.04%, reflecting a challenging trading environment, as it has not traded on four days out of the last 20.
Currently, Santosh Fine Fab is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Over the past year, the stock has experienced a decline of 17.84%, contrasting sharply with the Sensex, which has gained 8.76% during the same period.

Despite these challenges, the company has reported positive results for the last four consecutive quarters, with net sales growing by 52.90% in the latest six months. However, the long-term outlook remains cautious, as indicated by a low Return on Capital Employed (ROCE) of 2.21% and a high Debt to EBITDA ratio of 4.66 times. The stock's performance continues to be closely monitored as it navigates these market dynamics.