Shiva Mills Ltd Stock Falls to 52-Week Low Amidst Continued Underperformance

New 52-Week Low and Market Context

On 27 Jan 2026, Shiva Mills Ltd’s stock price touched its lowest level in the past year, closing at a price significantly below its 52-week high of ₹101. This decline comes amid a broader market environment where the Sensex recovered modestly, trading at 81,693.84 points, up 0.19% after an initial negative opening. Despite the positive momentum in mega-cap stocks, Shiva Mills has lagged considerably, underperforming its sector and the benchmark indices.

The stock’s day change registered a decline of -0.74%, underperforming the Garments & Apparels sector by over -100.5%. Notably, Shiva Mills did not trade on two of the last twenty trading days, indicating sporadic liquidity and erratic trading patterns. Furthermore, the stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward pressure.

Financial Performance and Profitability Concerns

Shiva Mills Ltd’s financial metrics reveal a challenging operational landscape. The company reported net sales of ₹30.44 crores in the quarter ending September 2025, marking a steep decline of -36.68% compared to previous periods. This contraction in revenue has been accompanied by negative operating profits, which have deteriorated at a compounded annual growth rate (CAGR) of -210.36% over the last five years.

Return on Equity (ROE) remains subdued, averaging just 5.64%, indicating limited profitability generated from shareholders’ funds. Dividend payouts have also been minimal, with the latest dividend per share (DPS) recorded at ₹0.00 and a dividend payout ratio (DPR) of 0.00%, reflecting the company’s cautious capital allocation amid financial strain.

Comparative Performance and Valuation Risks

Over the past year, Shiva Mills Ltd’s stock has delivered a return of -39.30%, starkly contrasting with the Sensex’s positive 8.38% gain over the same period. This consistent underperformance extends beyond the last year, with the stock lagging behind the BSE500 index in each of the previous three annual periods. Such trends highlight persistent challenges in maintaining competitive market positioning and investor confidence.

Valuation metrics further underscore the stock’s risk profile. Shiva Mills is trading at levels considered risky relative to its historical averages, reflecting market concerns about its earnings trajectory and growth prospects. The company’s Mojo Score stands at 9.0, accompanied by a Mojo Grade of Strong Sell, upgraded from Sell on 09 Dec 2024. This grading reflects deteriorated fundamentals and heightened caution among market analysts.

Shareholding and Market Liquidity

The promoter group remains the majority shareholder of Shiva Mills Ltd, maintaining significant control over the company’s strategic direction. However, the stock’s liquidity has been inconsistent, as evidenced by its failure to trade on multiple recent days. Such erratic trading activity can contribute to increased volatility and challenges in price discovery.

Sector and Market Environment

The garments and apparels sector has experienced mixed performance, with some indices such as NIFTY MEDIA and NIFTY REALTY also hitting 52-week lows on the same day. While the broader market, led by mega-cap stocks, showed resilience, smaller and mid-cap stocks like Shiva Mills have faced headwinds. The Sensex’s 50-day moving average remains above its 200-day moving average, signalling an overall positive market trend, yet Shiva Mills has not aligned with this recovery.

Such divergence highlights the challenges faced by companies within the sector that have not been able to capitalise on market momentum or improve their financial health sufficiently to attract sustained investor interest.

Summary of Key Metrics

To summarise, Shiva Mills Ltd’s stock performance and financial indicators as of 27 Jan 2026 are as follows:

• 52-week low price reached (exact price not disclosed)


• 52-week high price: ₹101


• One-year stock return: -39.30%


• Sensex one-year return: +8.38%


• Net sales (Sep 2025 quarter): ₹30.44 crores, down -36.68%


• Operating profits CAGR (5 years): -210.36%


• Average Return on Equity: 5.64%


• Dividend per share: ₹0.00


• Dividend payout ratio: 0.00%


• Mojo Score: 9.0


• Mojo Grade: Strong Sell (upgraded from Sell on 09 Dec 2024)


• Market Cap Grade: 4


• Day change: -0.74%


• Trading below all major moving averages

The combination of declining sales, negative profit growth, and subdued returns on equity has contributed to the stock’s current valuation and market sentiment. These factors have culminated in the stock reaching its lowest price point in a year, reflecting the ongoing challenges faced by Shiva Mills Ltd within the garments and apparels sector.

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