Shangar Decor Faces Persistent Decline Amid Weak Financial Fundamentals and Market Performance

Shangar Decor, a microcap company in the diversified commercial services sector, has experienced significant activity today, reaching a new 52-week low of Rs. 0.39. This decline marks a notable performance drop, as the stock has underperformed its sector by 5.29% and has seen a consecutive fall over the past two days, resulting in a total decline of 9.3%.
In terms of moving averages, Shangar Decor is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Over the past year, the stock has faced a substantial decline of 77.40%, contrasting sharply with the Sensex, which has only decreased by 1.50% during the same period.

Financial metrics reveal weak long-term fundamentals, with an average Return on Capital Employed (ROCE) of 5.26% and a high Debt to EBITDA ratio of 4.05 times, suggesting challenges in servicing debt. Recent financial results show a net sales figure of Rs. 8.89 crore, reflecting a decline of 20.84%. Overall, Shangar Decor's performance indicators highlight ongoing difficulties in both short-term and long-term growth.