Suraj Estate Developers Stock Hits All-Time Low Amidst Prolonged Downtrend

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Suraj Estate Developers has reached a new all-time low of Rs.246.6, marking a significant milestone in its ongoing decline. The stock has experienced a sustained downward trajectory over recent months, underperforming both its sector and broader market indices, reflecting a challenging period for the company within the realty sector.



Recent Price Movements and Market Performance


On 18 Dec 2025, Suraj Estate Developers recorded a closing price of Rs.246.6, the lowest level since its listing. This price point represents a decline of 0.82% on the day, underperforming the Sensex, which closed down by 0.28%. Over the past five trading sessions, the stock has registered a cumulative return of -7.14%, indicating a consistent loss over this short-term period.


When compared with the broader market, the stock’s performance has been notably subdued. Over one week, Suraj Estate Developers declined by 7.17%, while the Sensex showed a marginal fall of 0.58%. The one-month return for the stock stands at -11.98%, contrasting with the Sensex’s near-flat movement of -0.41%. Extending the horizon, the three-month return is -17.17%, whereas the Sensex gained 1.58% during the same period.


Longer-term figures reveal a more pronounced disparity. The stock’s one-year return is -60.56%, significantly lagging behind the Sensex’s 5.17% gain. Year-to-date, Suraj Estate Developers has recorded a loss of 59.29%, while the Sensex advanced by 7.92%. Over three and five years, the stock has shown no appreciable gains, remaining flat, whereas the Sensex has appreciated by 37.48% and 79.57% respectively. The ten-year performance also reflects a flat return for the stock, contrasting with the Sensex’s substantial 230.44% rise.


Technical indicators further highlight the stock’s weak momentum. Suraj Estate Developers is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a persistent bearish trend.




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Financial Metrics and Profitability Analysis


Suraj Estate Developers’ financial indicators reveal a complex picture. The company’s ability to service its debt is constrained, with a Debt to EBITDA ratio of 2.64 times. This level suggests a relatively high leverage compared to earnings before interest, taxes, depreciation, and amortisation, which may impact financial flexibility.


Profitability metrics also indicate modest returns. The average Return on Equity (ROE) stands at 9.68%, reflecting limited profitability generated per unit of shareholders’ funds. Meanwhile, the Return on Capital Employed (ROCE) is reported at 12.8%, which is considered attractive in valuation terms, supported by an Enterprise Value to Capital Employed ratio of 1.2.


Despite the stock’s negative price performance, the company’s profits have shown a rise of 35% over the past year. This divergence between profit growth and stock price suggests other factors influencing market sentiment.


Cash flow figures highlight challenges, with operating cash flow for the year at a low of Rs. -306.34 crores. Interest expenses for the latest six-month period total Rs. 41.12 crores, representing a growth of 67.91% compared to previous periods. Dividend payout ratio for the year is at its lowest, recorded at 0.00%, indicating no dividends were distributed during this timeframe.



Investor Participation and Market Sentiment


Institutional investors have reduced their holdings by 1.01% over the previous quarter, now collectively holding 2.62% of the company’s shares. Given their resources and analytical capabilities, this reduction may reflect a cautious stance towards the company’s fundamentals.


The stock’s underperformance relative to the BSE500 index over the last three months, one year, and three years further underscores its subdued market standing within the broader equity universe.




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Sector Context and Comparative Performance


Operating within the realty sector, Suraj Estate Developers’ recent price movements have lagged behind sector averages. The stock underperformed its sector by 0.46% on the latest trading day, continuing a trend of relative weakness. This underperformance is evident across multiple timeframes, with the stock’s returns falling short of sector benchmarks consistently.


The company’s market capitalisation is graded at 3, indicating a mid-cap status within the industry. Despite this, the stock’s price trajectory and financial metrics suggest a period of subdued market confidence.


While the company’s valuation metrics such as ROCE and Enterprise Value to Capital Employed ratio point to attractive valuation levels, these have not translated into positive price momentum. The divergence between profit growth and stock price performance may reflect broader market dynamics or company-specific factors influencing investor sentiment.



Summary of Key Challenges


Suraj Estate Developers faces a combination of factors contributing to its current stock price level. The sustained decline over multiple periods, including a 60.56% return loss over one year, highlights the severity of the price movement. The company’s leverage position, as indicated by the Debt to EBITDA ratio, and the growth in interest expenses, add to the financial considerations impacting the stock.


Institutional investor participation has diminished, which may signal a reassessment of the company’s prospects by market participants with deeper analytical resources. The absence of dividend payouts during the recent year further reflects the company’s current financial stance.


Overall, Suraj Estate Developers’ stock performance and financial indicators depict a challenging environment for the company within the realty sector, with the recent all-time low price underscoring the extent of market pressures.






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