Simran Farms Stock Plummets to New 52-Week Low at Rs. 147

Simran Farms, a microcap player in the FMCG sector, has reached a new 52-week low of Rs. 147 today, marking a significant downturn for the stock. This decline comes amid a broader market context where the Sensex opened higher but is currently trading slightly down. Despite the drop, Simran Farms has shown some resilience, outperforming its sector by 0.42% today and achieving a consecutive gain over the last three days, with a total increase of 4.35% during this period.
However, the stock opened with a notable loss of 5.46% and touched an intraday low of Rs. 147, reflecting ongoing challenges. The company's performance over the past year has been concerning, with a decline of 27.31%, significantly underperforming the Sensex, which has seen a drop of 4.65%.

Financial metrics indicate weak long-term fundamentals, including a high Debt to EBITDA ratio of 4.06 times and a negative EBITDA, raising concerns about the company's ability to service its debt. With a 52-week high of Rs. 261.8, the current price reflects a stark contrast to its past performance, highlighting the ongoing difficulties faced by Simran Farms.