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

Santosh Fine Fab has reached a significant milestone by touching its 52-week low of Rs. 24 today, marking a notable decline in its market performance. This drop comes as the stock underperformed its sector by 4.42%, reflecting broader challenges in its trading activity. The stock opened with a loss of 4.04% and has remained at this price throughout the trading session, indicating a lack of volatility.
Over the past year, Santosh Fine Fab has seen a decline of 17.84%, contrasting sharply with the Sensex, which has gained 8.76% during the same period. The company's performance metrics reveal a weak long-term fundamental strength, with a Return on Capital Employed (ROCE) of just 2.21%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend.

Despite the recent 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 high Debt to EBITDA ratio of 4.66 times raises concerns about its ability to service debt effectively.