Shri Keshav Cements Hits 52-Week Low Amidst Declining Profitability and High Debt Concerns

Shri Keshav Cements & Infra has experienced significant activity today, reaching a new 52-week low of Rs. 125. The stock has been on a downward trend, having fallen consecutively for three days, resulting in an overall decline of 8.22% during this period. Despite this, it has outperformed the cement sector, which has seen a decline of 3.67%.
In terms of moving averages, Shri Keshav is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish technical outlook. Over the past year, the stock has underperformed the broader market, with a return of -43.03% compared to the Sensex's -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.

Despite these challenges, institutional investors have increased their stake in the company by 4.57% in the last quarter, now holding 7.07% of the firm. This shift may indicate a growing interest in the company's long-term fundamentals.