Spencers Retail Stock Falls to 52-Week Low of Rs.43.4 Amidst Continued Downtrend

Recent Price Movement and Market Context

On 25 Nov 2025, Spencers Retail’s stock price touched Rs.43.4, its lowest level in the past year and an all-time low. The stock has recorded a consecutive two-day decline, resulting in a cumulative return of -2.73% over this period. This movement aligns with the broader sector’s performance, with the stock’s day change reported at -0.02% on the day of the new low.

Despite the Sensex opening higher at 85,008.93 and trading near its 52-week high of 85,801.70, Spencers Retail’s share price has not mirrored this positive momentum. The benchmark index is currently trading above its 50-day and 200-day moving averages, signalling a generally bullish market environment. Mid-cap stocks have also shown modest gains, with the BSE Mid Cap index up by 0.11% on the same day.

Technical Indicators Highlight Weakness

Spencers Retail is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating sustained downward pressure on the stock. This technical positioning suggests that the stock has not found short-term or long-term support levels, which may be contributing to the ongoing decline in investor confidence.

Financial Performance and Fundamental Concerns

Spencers Retail’s financial metrics over recent periods reveal challenges that have influenced its market valuation. The company’s net sales for the first nine months stand at Rs.1,272.86 crores, reflecting a contraction of 21.09% compared to previous periods. Correspondingly, the profit after tax (PAT) for the same duration is reported at a negative Rs.193.81 crores, also showing a decline of 21.09%.

The company’s debt profile remains elevated, with a debt-to-equity ratio averaging 2.45 times and a half-year figure reaching -2.16 times. This level of leverage indicates a significant reliance on borrowed funds relative to shareholder equity, which may be a factor in the stock’s subdued performance.

Long-Term Growth and Valuation Metrics

Over the last five years, Spencers Retail’s operating profit has shown a negative compound annual growth rate of approximately -350.95%, signalling a contraction in core profitability. The company’s book value is reported as negative, which points to weak long-term fundamental strength. These factors contribute to the stock’s classification as a high-risk security in comparison to its historical valuation averages.

Despite the stock generating a return of -47.04% over the past year, the company’s profits have recorded a modest rise of 8.1% during the same period. This divergence between stock price performance and profit growth highlights the complex dynamics affecting investor sentiment and valuation.

Consistent Underperformance Relative to Benchmarks

Spencers Retail has underperformed the broader market consistently over the last three years. While the Sensex has shown a positive return of 6.07% over the past year, Spencers Retail’s stock has declined by 47.04%. Additionally, the stock has lagged behind the BSE500 index in each of the last three annual periods, underscoring its relative weakness within the diversified retail sector.

Shareholding and Sector Position

The majority shareholding in Spencers Retail is held by promoters, maintaining a concentrated ownership structure. The company operates within the diversified retail industry and sector, which has seen varied performance across different market segments. While the broader market and mid-cap indices have shown resilience, Spencers Retail’s stock has not aligned with these trends.

The stock’s 52-week high was Rs.97, indicating a substantial decline of over 55% from that peak to the current 52-week low of Rs.43.4. This wide price range over the year reflects significant volatility and market reassessment of the company’s prospects.

Summary of Key Metrics

To summarise, Spencers Retail’s recent stock performance is characterised by:

• New 52-week and all-time low price of Rs.43.4


• Two consecutive days of price decline with a cumulative return of -2.73%


• Trading below all major moving averages (5, 20, 50, 100, 200 days)


• Net sales contraction of 21.09% over nine months


• Negative PAT of Rs.193.81 crores over nine months


• High debt-to-equity ratio averaging 2.45 times


• Negative book value and weak long-term growth metrics


• Underperformance relative to Sensex and BSE500 indices over multiple years

These factors collectively illustrate the challenges faced by Spencers Retail in maintaining its market valuation and financial stability.

Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →