Shri Keshav Cements Hits 52-Week Low Amid Ongoing Financial Challenges and Investor Interest

Shri Keshav Cements & Infra has experienced significant activity today, hitting a new 52-week low of Rs. 125. The stock has been on a downward trend, with a consecutive three-day decline resulting in an overall drop of 8.22%. Despite this, it managed to outperform the cement sector, which fell by 3.67%, by 3.16%.
In terms of technical indicators, Shri Keshav is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has underperformed the broader market, with a decline of 43.03% compared to the Sensex's drop of 2.24%.

Financially, the company faces challenges, including a high debt-to-equity ratio of 5.40 times and a return on capital employed (ROCE) averaging 8.30%, reflecting low profitability. Recent financial results have also shown a significant decline in profit before tax and profit after tax.

Institutional investors have increased their stake in the company by 4.57% in the last quarter, now holding 7.07% of the stock, suggesting a growing interest from larger investors despite the company's ongoing struggles.