Suryaamba Spinning Mills Falls to 52-Week Low of Rs.123.35

Intraday Price Movements and Volatility

On 24 Nov 2025, Suryaamba Spinning Mills opened at a price reflecting a 4.38% decline from the previous close, signalling a cautious start to the trading day. The stock demonstrated considerable volatility, with an intraday price range spanning from the low of Rs.123.35 to a high of Rs.143.55, representing an 11.28% rise from the opening low. The weighted average price volatility for the day was calculated at 7.57%, underscoring the stock’s fluctuating nature during the session.

Despite the initial gap down, the stock managed to outperform its sector by 8.66% during the day, supported by a two-day consecutive gain that delivered a 10.32% return over this short period. However, the new 52-week low price remains a key focus for market participants analysing the stock’s recent performance.

Comparison with Market Benchmarks

While Suryaamba Spinning Mills has faced downward pressure, the broader market environment has shown resilience. The Sensex opened 88.12 points higher and traded at 85,465.95, reflecting a 0.27% gain. The benchmark index is currently 0.39% below its own 52-week high of 85,801.70 and has recorded a three-week consecutive rise, accumulating a 2.7% gain over this period. Mega-cap stocks have been leading the market’s advance, with the Sensex trading above its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a generally bullish trend in the broader market.

Long-Term Performance and Valuation Metrics

Over the past year, Suryaamba Spinning Mills has generated a return of -10.83%, contrasting with the Sensex’s positive 8.01% performance over the same period. The stock’s 52-week high was Rs.199.80, highlighting the extent of the recent price decline. The company’s operating profits have shown a compound annual growth rate (CAGR) of 2.59% over the last five years, reflecting modest growth in earnings before interest and taxes.

Return on Capital Employed (ROCE) stands at 6.9%, while the enterprise value to capital employed ratio is 0.7, suggesting a valuation that is relatively attractive compared to peers. Despite the subdued price performance, the company’s profits over the past year have risen by 307%, indicating a divergence between earnings growth and stock price movement. The price-to-earnings-to-growth (PEG) ratio is recorded at zero, reflecting the relationship between valuation and earnings growth.

Shareholding and Dividend Information

The majority shareholding in Suryaamba Spinning Mills is held by promoters, maintaining a concentrated ownership structure. The company has declared positive results for the last four consecutive quarters, with the latest six-month profit after tax (PAT) reported at Rs.1.40 crore. Dividend per share (DPS) for the year is Rs.1.00, with a dividend payout ratio (DPR) of 25.00%, representing a consistent return to shareholders despite the stock’s price challenges.

Technical Indicators and Moving Averages

From a technical perspective, the stock price is currently trading above its 5-day, 20-day, and 50-day moving averages, which may indicate short-term support levels. However, it remains below the 100-day and 200-day moving averages, suggesting that longer-term momentum has yet to be regained. This mixed technical picture reflects the stock’s recent volatility and the challenges it faces in regaining upward momentum.

Sector Context and Relative Performance

Operating within the garments and apparels industry, Suryaamba Spinning Mills has consistently underperformed relative to the BSE500 index over the last three annual periods. This trend is reflected in the stock’s negative returns over the past year and its position below key long-term moving averages. The sector itself has experienced mixed performance, with some companies benefiting from broader market tailwinds while others face headwinds related to demand and pricing pressures.

Summary of Key Financial and Market Data

To summarise, Suryaamba Spinning Mills’ stock price reached a new 52-week low of Rs.123.35 on 24 Nov 2025, following a volatile trading day marked by an intraday high of Rs.143.55 and a gap down opening. The stock’s recent short-term gains contrast with its longer-term underperformance against the Sensex and sector benchmarks. Financial metrics indicate modest operating profit growth, a reasonable valuation relative to capital employed, and a steady dividend payout. However, the stock remains below its longer-term moving averages, reflecting ongoing challenges in regaining sustained upward momentum.

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