Vikas Proppant & Granite Falls to 52-Week Low of Rs.0.29

Stock Price Movement and Market Context

On 24 Nov 2025, Vikas Proppant & Granite’s stock price touched Rs.0.29, the lowest level recorded in the past 52 weeks. This price point contrasts sharply with its 52-week high of Rs.0.57, reflecting a substantial reduction in market valuation. Despite the stock’s decline, it outperformed its sector by 0.94% on the day, though it remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a persistent downward trend in the stock’s price over multiple time horizons.

Meanwhile, the broader market has maintained a positive trajectory. The Sensex opened 88.12 points higher and was trading at 85,412.20, representing a 0.21% gain. The index is positioned just 0.46% below its 52-week high of 85,801.70 and is supported by bullish moving averages, with the 50-day moving average above the 200-day moving average. The Sensex has recorded a 2.64% gain over the past three weeks, led by mega-cap stocks, underscoring a divergence between the performance of Vikas Proppant & Granite and the overall market.

Financial Performance and Key Metrics

Over the last year, Vikas Proppant & Granite’s stock has recorded a return of -44.64%, a stark contrast to the Sensex’s positive 7.96% return during the same period. The company’s financial disclosures have been limited, with no results declared in the past six months, which contributes to uncertainty around its current financial health.

The company’s ability to service its debt appears constrained, with a Debt to EBITDA ratio of 10.88 times. This level suggests a significant debt burden relative to earnings before interest, taxes, depreciation, and amortisation. Additionally, the average Return on Equity (ROE) stands at 4.69%, indicating modest profitability relative to shareholders’ funds.

Profitability trends have shown considerable pressure, with profits falling by approximately 391% over the past year. The flat results reported in December 2021 provide a historical reference point, but the absence of recent financial updates limits a comprehensive assessment of current earnings performance.

Valuation and Risk Considerations

The stock is trading at levels that suggest elevated risk compared to its historical valuations. The lack of recent financial disclosures adds to the uncertainty, making it challenging to gauge the company’s operational and financial trajectory. The combination of a high debt load and subdued profitability metrics contributes to a cautious market assessment of the stock.

Summary of Current Position

Vikas Proppant & Granite’s share price decline to Rs.0.29 marks a significant low point within the last year, reflecting challenges in financial performance and market valuation. The stock’s position below all major moving averages and its substantial underperformance relative to the Sensex highlight ongoing pressures. The company’s elevated debt ratio and limited profitability metrics further characterise its current financial landscape.

While the broader market continues to show strength, Vikas Proppant & Granite remains in a subdued phase, with limited recent financial disclosures contributing to a cautious market stance. Investors and market participants may continue to monitor the stock’s developments in the context of these factors.

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