Shiva Texyarn Falls to 52-Week Low of Rs.164.25 Amid Market Pressures

8 hours ago
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Shiva Texyarn, a player in the Garments & Apparels sector, recorded a new 52-week low of Rs.164.25 today, marking a significant price level after a period of fluctuating market activity. The stock’s performance contrasts with broader market trends, reflecting a complex interplay of company-specific and sector-wide factors.



Intraday Trading and Price Movements


On 8 December 2025, Shiva Texyarn opened with a gap down of 6.7%, setting the tone for a volatile trading session. The stock touched an intraday high of Rs.187.35, representing a 6.42% rise from the opening price, before retreating to the day’s low of Rs.164.25. This low marks the lowest price point for the stock in the past year, underscoring the pressure it has faced in recent months.


Despite the new low, the stock showed signs of a short-term recovery by gaining after five consecutive days of decline. However, trading activity has been somewhat erratic, with the stock not trading on one of the last twenty trading days, indicating intermittent liquidity or market interest fluctuations.



Comparison with Market and Sector Performance


While Shiva Texyarn’s stock price has declined, the broader market has exhibited relative strength. The Sensex opened flat but moved into negative territory, trading at 85,435.32 points, down 0.32% from the previous close. Notably, the Sensex remains close to its 52-week high of 86,159.02, just 0.85% away, and is trading above its 50-day moving average, which itself is positioned above the 200-day moving average, signalling a generally bullish market trend.


In contrast, Shiva Texyarn’s one-year stock performance shows a decline of 16.39%, while the Sensex has recorded a positive return of 4.53% over the same period. This divergence highlights the stock’s underperformance relative to the broader market and its sector peers.



Technical Indicators and Moving Averages


The stock’s moving averages present a mixed picture. Shiva Texyarn’s current price is above its 20-day and 50-day moving averages but remains below its 5-day, 100-day, and 200-day moving averages. This suggests short-term support levels exist, yet longer-term trends continue to exert downward pressure on the stock price.




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Financial Performance and Growth Metrics


Shiva Texyarn’s financial data over the past five years reveals a compound annual growth rate (CAGR) of net sales at -4.43%, indicating a contraction in revenue over the medium term. The company’s ability to service debt is constrained, with a Debt to EBITDA ratio of 10.25 times, reflecting a relatively high leverage position compared to typical industry standards.


Profitability metrics also show modest returns. The average Return on Equity (ROE) stands at 4.38%, suggesting limited profitability generated per unit of shareholders’ funds. Despite these challenges, the company has reported positive results for five consecutive quarters, with quarterly profit before tax (PBT) excluding other income at Rs.6.27 crores, representing a growth of 193.3% compared to the previous four-quarter average.


Operating profit to interest coverage ratio for the quarter reached 3.95 times, the highest recorded, indicating improved capacity to meet interest obligations from operating earnings. Quarterly profit after tax (PAT) at Rs.5.82 crores has grown by 76.8% relative to the prior four-quarter average, signalling some operational improvements in recent periods.



Valuation and Market Position


The company’s return on capital employed (ROCE) is reported at 9.9%, which, combined with an enterprise value to capital employed ratio of 1.3, suggests an attractive valuation relative to capital utilisation. The stock is trading at a discount compared to its peers’ average historical valuations, which may reflect market caution given the company’s financial profile and recent price movements.


Over the past year, while the stock price has declined by 16.39%, the company’s profits have increased by 776.8%, indicating a disconnect between earnings growth and market valuation. The price-to-earnings-growth (PEG) ratio is noted as zero, reflecting the unusual relationship between earnings growth and stock price performance.




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Shareholding and Market Capitalisation


Promoters remain the majority shareholders of Shiva Texyarn, maintaining significant control over the company’s strategic direction. The stock’s market capitalisation grade is rated at 4, indicating a mid-sized market presence within the Garments & Apparels sector.


Despite the recent price decline, the stock outperformed its sector by 6.55% on the day it hit the 52-week low, suggesting some relative resilience within its industry grouping.



Summary of Key Price Levels


The 52-week high for Shiva Texyarn stands at Rs.270, contrasting sharply with the current low of Rs.164.25. This wide range reflects significant volatility and market reassessment over the past year. The stock’s recent price action, including the gap down opening and intraday fluctuations, highlights ongoing uncertainty among market participants.


Overall, Shiva Texyarn’s stock performance over the last year has been subdued compared to the broader market and sector indices, with financial metrics indicating areas of concern alongside pockets of operational improvement.






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