Shangar Decor Faces Severe Financial Struggles Amidst Persistent Stock Decline

Shangar Decor, a microcap company in the diversified commercial services sector, has experienced significant volatility, hitting a new 52-week low of Rs. 0.51 today. The stock has underperformed its sector by 4.46% and has seen a consecutive decline over the past seven days, resulting in a total drop of 25%. Currently, Shangar Decor is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. In terms of financial performance, Shangar Decor reported an operating loss, with a notable decline in key metrics. The profit before tax (PBT) fell by 338.46% to Rs. -2.17 crore, while the profit after tax (PAT) decreased by 352.4% to Rs. -1.59 crore. The company's debt to EBITDA ratio stands at 4.05 times, reflecting a low ability to service its debt obligations. Over the past year, the stock has generated a return of -64.19%, contrasting sharply with the Sensex's performance of 4.45%. Additionally, promoter holding has decreased to 2.96%, indicating potential concerns regarding the company's long-term stability.