Shree Steel Wire Ropes Hits 52-Week Low at Rs. 25.28

Shree Steel Wire Ropes has reached a new 52-week low, hitting Rs. 25.28 on September 25, 2025. This marks a significant decline for the microcap company, which operates within the Iron & Steel Products industry. Over the past year, Shree Steel Wire Ropes has experienced a notable drop of 32.09%, contrasting sharply with the Sensex's decline of just 4.71% during the same period.
Today's performance saw the stock underperforming its sector by 0.32%, continuing a downward trend with a consecutive fall over the last two days, resulting in a total decline of 1.89%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent weakness in its price momentum.

The company's financial health appears to be under pressure, with operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 0.35. Additionally, Shree Steel Wire Ropes has reported a low return on equity of 2.99%, reflecting challenges in profitability. As the market continues to fluctuate, Shree Steel Wire Ropes remains a focal point for observers of the iron and steel sector.