Recent Price Movement and Market Context
On 9 January 2026, Shiva Mills Ltd’s stock price settled at ₹30.44, representing a day change of -0.58%. This decline comes after two consecutive days of losses, during which the stock has fallen by approximately 0.6%. Notably, the stock has traded erratically, missing trading activity on one day in the last 20 sessions. The share price currently trades below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward momentum.
In comparison, the broader market index, Sensex, has also experienced a decline, falling by 495.39 points to 83,526.70, down 0.78% on the same day. Despite this, Sensex remains within 3.15% of its 52-week high of 86,159.02, indicating a relatively stronger performance than Shiva Mills over the same period.
Long-Term Performance and Valuation Concerns
Over the past year, Shiva Mills Ltd has delivered a negative return of -39.63%, markedly underperforming the Sensex, which posted a positive return of 7.61% during the same timeframe. This underperformance extends over a three-year horizon, with the stock consistently lagging behind the BSE500 benchmark index in each annual period.
The stock’s valuation appears elevated relative to its historical averages, contributing to its classification as a risky investment. This is compounded by a significant deterioration in profitability, with operating profits declining by 48% over the last year. The company’s compounded annual growth rate (CAGR) for operating profits over the past five years stands at a negative 210.36%, highlighting persistent financial strain.
Rising fast and still accelerating! This Small Cap from FMCG sector is riding pure momentum right now. Jump in before the rally reaches its peak!
- - Accelerating price action
- - Pure momentum play
- - Pre-peak entry opportunity
Financial Metrics and Profitability Analysis
Shiva Mills Ltd’s financial indicators reveal subdued profitability. The company has generated an average Return on Equity (ROE) of 5.64%, which is modest and suggests limited efficiency in generating returns from shareholders’ funds. Dividend metrics further reflect this trend, with the Dividend Per Share (DPS) and Dividend Payout Ratio (DPR) both recorded at zero in the most recent fiscal year, indicating no dividend distribution to shareholders.
Net sales for the latest quarter stood at ₹30.44 crore, marking the lowest quarterly sales figure recorded in the past year. This decline in revenue, coupled with shrinking operating profits, has contributed to the stock’s deteriorating market valuation and investor sentiment.
Shareholding and Market Grade Assessment
The majority shareholding of Shiva Mills Ltd remains with the promoters, maintaining a concentrated ownership structure. From a market grading perspective, the company holds a Market Cap Grade of 4, reflecting its micro-cap status within the Garments & Apparels sector.
Recent assessments by MarketsMOJO have downgraded the company’s Mojo Grade from Sell to Strong Sell as of 9 December 2024, with a current Mojo Score of 3.0. This downgrade reflects the company’s weakening fundamentals and ongoing challenges in reversing its downward trajectory.
Comparative Sector and Index Performance
Within the Garments & Apparels sector, Shiva Mills Ltd has underperformed relative to its peers, with the stock’s 52-week low contrasting sharply against sector averages. While the sector has experienced fluctuations, Shiva Mills’ persistent decline and failure to sustain price levels above key moving averages highlight its relative weakness.
In contrast, the Sensex, despite recent declines, remains closer to its 52-week high and trades above its 200-day moving average, suggesting a more resilient market environment compared to the company’s individual stock performance.
Shiva Mills Ltd or something better? Our SwitchER feature analyzes this micro-cap Garments & Apparels stock and recommends superior alternatives based on fundamentals, momentum, and value!
- - SwitchER analysis complete
- - Superior alternatives found
- - Multi-parameter evaluation
Summary of Key Concerns
The stock’s fall to a 52-week low is underpinned by multiple factors, including a steep decline in operating profits, weak sales performance, and limited returns on equity. The absence of dividend payouts and the downgrade to a Strong Sell grade further emphasise the challenges faced by Shiva Mills Ltd. Additionally, the stock’s trading below all major moving averages and its underperformance relative to both sector peers and the broader market index highlight ongoing pressures on its valuation.
While the broader market and sector have shown resilience, Shiva Mills Ltd’s financial and market indicators suggest a continuation of subdued performance relative to benchmarks. The company’s concentrated promoter ownership remains unchanged, but this has not translated into improved market confidence or stock price stability.
Market Outlook and Trading Patterns
Trading activity for Shiva Mills Ltd has been somewhat erratic, with one day of no trading in the last 20 sessions. The stock’s recent price action, including a 0.6% decline over two days, reflects ongoing volatility. Despite outperforming its sector by 0.88% on the day of the latest price close, the overall trend remains negative, with the stock entrenched below all key moving averages.
Investors and market participants will continue to monitor the company’s financial disclosures and market movements closely, given the significant gap between its current price and the 52-week high of ₹103.
Unlock special upgrade rates for a limited period. Start Saving Now →
