Shiva Mills Stock Plummets to New 52-Week Low at Rs. 63.01

Shiva Mills, a microcap player in the Garments & Apparels industry, has reached a new 52-week low today, trading at Rs. 63.01. This significant drop marks a decline of 9.99% from its previous close, reflecting a notable underperformance against its sector, which saw a decrease of 6.95%. The stock has exhibited high volatility, with an intraday volatility of 8.61%, indicating fluctuating investor sentiment.
Over the past year, Shiva Mills has faced considerable challenges, with a staggering 31.52% decline in its stock price. The company's financial metrics reveal a concerning trend, including a -206.33% compound annual growth rate (CAGR) in operating profits over the last five years and a low return on equity of 5.17%. Additionally, the company has reported a significant drop in net sales, falling by 15.06% in its latest quarterly results.

As the broader market, represented by the Sensex, continues to rise, Shiva Mills' performance starkly contrasts, highlighting ongoing difficulties in its operational landscape. The stock's current position below all key moving averages further underscores its challenging market stance.