Scoobee Day Garments Hits 52-Week Low at Rs. 81.16 Amid Decline

Scoobee Day Garments India has reached a new 52-week low, hitting Rs. 81.16 today, marking a significant decline in its stock performance. The garment and apparel microcap has underperformed its sector by 6.56%, continuing a downward trend with an 8.41% drop over the past two days. Today's trading saw the stock fluctuate, with an intraday high of Rs. 89.90, reflecting a 4.53% increase at its peak, but ultimately closing lower.
The stock's volatility was notable, with an intraday volatility of 5.11%. Additionally, Scoobee Day Garments is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent struggle in maintaining upward momentum. Over the past year, the stock has declined by 13.79%, contrasting with the Sensex's performance of -5.67%.

The company's financial metrics reveal a high debt-to-equity ratio of 11.62, suggesting concerns regarding its long-term fundamental strength. Despite a positive PAT growth of 184.71% in the last nine months, the overall outlook remains challenging as the stock continues to face consistent underperformance against market benchmarks.