Shree Steel Wire Ropes Ltd Falls to 52-Week Low of Rs.23.05

Stock Performance and Market Context

On 30 Dec 2025, Shree Steel Wire Ropes Ltd recorded a day change of -0.99%, underperforming its sector by 1.28%. The stock has declined for two consecutive sessions, delivering a cumulative return of -1.68% over this period. Trading below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — the share price signals sustained bearish sentiment.

In contrast, the Sensex opened marginally lower at 84,600.99, down 0.11%, and remains 1.84% shy of its 52-week high of 86,159.02. While the Sensex trades below its 50-day moving average, the 50DMA remains above the 200DMA, indicating a mixed but relatively stable broader market environment.

Over the past year, Shree Steel Wire Ropes Ltd has delivered a return of -39.24%, significantly lagging the Sensex’s positive 8.11% gain. The stock’s 52-week high was Rs.43, underscoring the steep decline it has experienced.

Financial and Fundamental Analysis

The company’s financial health continues to face challenges. It reported operating losses, contributing to a weak long-term fundamental strength assessment. The EBIT to interest coverage ratio averages a low 0.16, indicating limited capacity to service debt obligations comfortably. Return on equity (ROE) remains subdued at an average of 2.21%, reflecting low profitability relative to shareholders’ funds.

Quarterly results for September 2025 further highlight the difficulties, with PBDIT (profit before depreciation, interest, and taxes) at a negative Rs.0.28 crore and earnings per share (EPS) at a low of Rs.-0.88. These figures represent some of the lowest quarterly performances recorded by the company.

The company’s EBITDA remains negative, a factor contributing to the stock’s classification as risky relative to its historical valuation averages. Profitability has deteriorated sharply, with profits falling by 71% over the past year, compounding the stock’s downward trajectory.

Long-Term and Relative Performance

Shree Steel Wire Ropes Ltd has underperformed not only in the last year but also over longer periods. It has lagged the BSE500 index over the past three years, one year, and three months, indicating persistent challenges in generating shareholder value relative to the broader market.

The stock’s market capitalisation grade stands at 4, reflecting its micro-cap status and associated liquidity and volatility considerations. The Mojo Score of 12.0 and a recent downgrade from Sell to Strong Sell on 21 Jan 2025 further underline the cautious stance on the stock’s outlook.

Majority shareholding remains with non-institutional investors, which may influence trading patterns and liquidity dynamics.

Summary of Key Metrics

To summarise, Shree Steel Wire Ropes Ltd’s current share price of Rs.23.05 represents a 52-week low, down from a high of Rs.43. The stock’s recent performance has been marked by a 39.24% decline over the past year, with profitability metrics showing significant contraction. The company’s weak EBIT to interest ratio of 0.16 and low ROE of 2.21% highlight ongoing financial constraints. Negative quarterly PBDIT and EPS figures reinforce the subdued earnings environment.

Trading below all major moving averages and with a Mojo Grade of Strong Sell, the stock remains under pressure amid a broader market that is relatively stable but cautious. The predominance of non-institutional shareholders adds another layer of complexity to the stock’s trading dynamics.

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