Shree Steel Wire Ropes Ltd Falls to 52-Week Low of Rs.18.85

Stock Performance and Market Context

On 22 Jan 2026, Shree Steel Wire Ropes Ltd recorded its lowest price in the last 52 weeks at Rs.18.85, a sharp fall from its 52-week high of Rs.40. The stock underperformed its sector by 0.85% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates sustained downward momentum.

In contrast, the Sensex opened higher at 82,459.66, gaining 550.03 points (0.67%) and was trading at 82,349.37 (0.54%) during the same session. Despite the Sensex being 4.63% away from its 52-week high of 86,159.02, it has experienced a three-week consecutive decline, losing 3.98%. Mid-cap stocks led the market rally with the BSE Mid Cap index gaining 1.16% today, underscoring a divergence between Shree Steel Wire Ropes Ltd and broader market trends.

Over the past year, Shree Steel Wire Ropes Ltd has delivered a negative return of 43.19%, significantly lagging behind the Sensex’s positive 7.67% return. This underperformance extends to longer time frames, with the stock trailing the BSE500 index over the last three years, one year, and three months.

Financial Metrics and Fundamental Assessment

Shree Steel Wire Ropes Ltd’s financial profile reflects several areas of concern. The company reported operating losses, contributing to a weak long-term fundamental strength assessment. Its ability to service debt remains limited, with an average EBIT to interest coverage ratio of just 0.16, indicating significant pressure on earnings relative to interest obligations.

Profitability metrics also remain subdued. The company’s average Return on Equity (ROE) stands at 2.21%, signalling low profitability generated per unit of shareholders’ funds. Quarterly results for September 2025 showed a PBDIT (Profit Before Depreciation, Interest and Taxes) of negative Rs.0.28 crore and an EPS (Earnings Per Share) of negative Rs.0.88, both representing the lowest levels recorded in recent periods.

These figures underscore the challenges faced by the company in generating positive earnings and maintaining financial stability. The stock’s valuation appears risky compared to its historical averages, with profits declining by 71% over the past year, further weighing on investor sentiment.

Shareholding and Market Position

The majority of Shree Steel Wire Ropes Ltd’s shares are held by non-institutional investors, which may influence liquidity and trading dynamics. The company operates within the Iron & Steel Products industry, a sector that has seen mixed performance amid fluctuating demand and input cost pressures.

Despite the broader market’s partial recovery and mid-cap leadership, Shree Steel Wire Ropes Ltd’s stock continues to face downward pressure, reflecting its specific financial and operational circumstances.

Mojo Score and Rating Update

MarketsMOJO assigns Shree Steel Wire Ropes Ltd a Mojo Score of 12.0, reflecting its current financial and market standing. The company’s Mojo Grade was downgraded from Sell to Strong Sell on 21 Jan 2025, signalling a deteriorated outlook based on comprehensive analysis of its fundamentals and price action.

The Market Cap Grade stands at 4, indicating a relatively small market capitalisation compared to peers, which can contribute to higher volatility and liquidity considerations.

Despite the Sensex’s mixed performance and mid-cap strength, Shree Steel Wire Ropes Ltd’s stock remains under pressure, with a day change of 0.88% that still leaves it well below key moving averages and its 52-week high.

Summary of Key Data Points

• New 52-week low price: Rs.18.85 (22 Jan 2026)

• 52-week high price: Rs.40

• 1-year stock return: -43.19%

• Sensex 1-year return: +7.67%

• EBIT to Interest ratio (avg): 0.16

• Return on Equity (avg): 2.21%

• PBDIT (Q3 Sep 2025): -Rs.0.28 crore

• EPS (Q3 Sep 2025): -Rs.0.88

• Mojo Grade: Strong Sell (downgraded from Sell on 21 Jan 2025)

• Mojo Score: 12.0

• Market Cap Grade: 4

• Majority shareholders: Non-Institutional

Conclusion

Shree Steel Wire Ropes Ltd’s decline to a 52-week low of Rs.18.85 reflects a combination of weak financial performance, subdued profitability, and challenging market conditions specific to the company. While the broader market and mid-cap segments have shown resilience, this stock’s fundamentals and valuation metrics continue to weigh on its price trajectory. The downgrade to a Strong Sell rating by MarketsMOJO further emphasises the current assessment of the company’s financial health and market position.

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