Styrenix Performance Materials Falls to 52-Week Low of Rs.2109

The stock has been on a downward trajectory for the past four consecutive trading sessions, resulting in a cumulative return loss of 10.2% over this period. This recent slide has brought the share price below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a sustained bearish trend in the short to medium term.

In comparison, the broader market has shown relative resilience. The Sensex, after opening 91.42 points higher, retreated by 152.04 points to trade at 84,890.33, a marginal decline of 0.07%. Notably, the Sensex remains close to its 52-week high of 85,290.06, trading just 0.47% below that peak and maintaining a position above its 50-day and 200-day moving averages, which indicates a generally bullish market environment contrasting with Styrenix Performance Materials’ performance.

Over the last year, Styrenix Performance Materials has recorded a negative return of 13.17%, underperforming the Sensex, which has delivered a positive return of 9.76% during the same period. The stock’s 52-week high was Rs.3523.95, highlighting the extent of the recent decline from its peak.

Financially, the company’s recent quarterly results have shown some areas of concern. The profit after tax (PAT) for the quarter stood at Rs.44.72 crores, reflecting a decline of 20.8% compared to the previous four-quarter average. Additionally, the profit before tax excluding other income (PBT less OI) was recorded at Rs.53.91 crores, marking the lowest level in recent quarters. Cash and cash equivalents at the half-year mark were reported at Rs.19.94 crores, the lowest in the recent period, which may be a factor in the stock’s subdued performance.

Despite these figures, the company maintains a strong management efficiency, with a return on equity (ROE) of 21.45%, indicating effective utilisation of shareholder funds. The debt servicing capability remains robust, with a low debt to EBITDA ratio of 0.43 times, suggesting manageable leverage levels. Operating profit has shown a healthy long-term growth rate, expanding at an annual rate of 52.12%, which reflects underlying business strength over a longer horizon.

Styrenix Performance Materials also reports a return on capital employed (ROCE) of 16.8%, accompanied by an enterprise value to capital employed ratio of 2.6, which points to a fair valuation relative to its capital base. The stock is currently trading at a discount when compared to the average historical valuations of its peers within the Specialty Chemicals sector.

In the context of market performance, the BSE500 index has generated returns of 8.60% over the past year, contrasting with Styrenix Performance Materials’ negative return of 13.17%. Profitability has also seen a decline, with profits falling by 4.2% over the same period. These figures highlight the stock’s relative underperformance within the broader market and its sector.

The majority shareholding remains with the promoters, indicating stable ownership structure. However, the recent adjustment in evaluation and the revision in its score to a Mojo Grade of Sell as of 28 October 2025 reflect the current market sentiment and performance metrics.

Overall, Styrenix Performance Materials’ fall to its 52-week low of Rs.2109 is underpinned by a combination of recent quarterly results, declining profitability, and sustained price weakness relative to market benchmarks. The stock’s position below all key moving averages and its underperformance against the Sensex and sector indices provide a comprehensive view of its current standing in the market.

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