Srestha Finvest Stock Hits All-Time Low Amid Ongoing Financial Struggles

Srestha Finvest, a microcap player in the Non-Banking Financial Company (NBFC) sector, has reached an all-time low today, with its stock price hitting Rs. 0.37. This significant decline reflects ongoing challenges for the company, as it has consistently underperformed compared to the broader market.
In terms of performance metrics, Srestha Finvest has shown a stark contrast to the Sensex, with a one-year decline of 67.10% against the Sensex's modest gain of 0.95%. Over the past three years, the stock has decreased by 38.03%, while the Sensex has surged by 36.76%. The year-to-date performance also highlights a troubling trend, with a drop of 53.66% compared to the Sensex's increase of 4.39%.

Financially, Srestha Finvest's fundamentals appear weak, evidenced by an average Return on Equity (ROE) of just 0.26% and a concerning annual operating profit growth rate of -293.40%. The company's net sales for the first nine months have plummeted by 83.30%, resulting in a negative profit after tax of Rs. -49.01 crore. With a negative EBITDA and a majority of shareholders being non-institutional, the stock's risk profile remains elevated.