Suraj Products . Stock Falls to 52-Week Low of Rs.252 Amidst Continued Downtrend

Recent Price Movement and Market Context

On 2 December 2025, Suraj Products . recorded an intraday low of Rs.252, representing a fall of 4.55% from its previous close. The stock’s intraday high was Rs.273.8, showing some volatility within the trading session. Over the last two trading days, the stock has delivered a cumulative return of -6.42%, underperforming its sector by 3.68% on the day.

Currently, Suraj Products . is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates a persistent weakness in the stock’s price momentum.

In contrast, the broader market index, Sensex, opened lower by 316.39 points and was trading at 85,169.80, down 0.55%. Despite this, Sensex remains close to its 52-week high of 86,159.02, trading above its 50-day moving average, which itself is positioned above the 200-day moving average, signalling a generally bullish market environment.

Long-Term Performance and Valuation

Over the past year, Suraj Products . has experienced a decline of 46.79% in its share price, a stark contrast to the Sensex’s positive return of 6.13% during the same period. The stock’s 52-week high was Rs.554, highlighting the extent of the recent price contraction.

The company’s valuation metrics reveal a price-to-book value of 2.1, which is considered relatively expensive given the current financial performance. Despite this, the stock is trading at a discount compared to the average historical valuations of its peers within the iron and steel products sector.

Financial Results and Profitability Trends

Suraj Products . has reported negative results for four consecutive quarters, reflecting challenges in maintaining profitability. The latest quarterly profit after tax (PAT) stood at Rs.3.20 crore, showing a decline of 50.7% compared to previous periods. Net sales for the quarter were Rs.58.69 crore, the lowest recorded in recent quarters, while profit before depreciation, interest, and taxes (PBDIT) was Rs.5.85 crore, also at a low point.

Over the last five years, the company’s net sales have grown at an annual rate of 12.70%, with operating profit increasing at 11.93% annually. These growth rates suggest moderate expansion but have not translated into sustained profitability in recent quarters.

Operational Efficiency and Debt Position

Despite the financial setbacks, Suraj Products . demonstrates strong management efficiency, with a return on capital employed (ROCE) of 25.99%. This indicates effective utilisation of capital in generating earnings before interest and taxes.

The company’s debt servicing capacity remains robust, with a low debt to EBITDA ratio of 0.52 times. This level of leverage suggests manageable debt obligations relative to earnings, which may provide some stability amid the current earnings pressures.

Shareholding and Market Capitalisation

The majority shareholding in Suraj Products . is held by promoters, indicating concentrated ownership. The company’s market capitalisation grade is rated at 4, reflecting its standing within the iron and steel products sector.

Comparative Market Performance

In the context of the broader market, Suraj Products . has underperformed significantly. While the BSE500 index has generated returns of 3.87% over the past year, the stock’s negative return of 46.79% highlights its relative weakness. This divergence underscores the challenges faced by the company compared to the overall market and its sector peers.

The stock’s current trading price of Rs.252 is less than half of its 52-week high of Rs.554, emphasising the scale of the decline over the last twelve months.

Summary of Key Metrics

To summarise, Suraj Products . is currently trading at a 52-week low of Rs.252, with recent price action showing a downward trend over consecutive sessions. The company’s financial results reveal declining profitability and subdued sales in recent quarters, while valuation metrics suggest a relatively high price-to-book ratio despite the share price fall.

Strong management efficiency and a conservative debt profile provide some counterbalance to the earnings pressures. However, the stock’s performance relative to the broader market and sector peers remains subdued.

Conclusion

Suraj Products .’s recent fall to its 52-week low reflects a combination of subdued financial results and valuation considerations within a broader market context that remains generally positive. The stock’s position below key moving averages and its underperformance relative to the Sensex and BSE500 indices highlight ongoing challenges in regaining upward momentum.

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