Vipul Ltd Hits New 52-Week Low at Rs. 7.71 Amid Ongoing Decline

Vipul Ltd, a microcap player in the realty sector, has reached a new 52-week low of Rs. 7.71 today, marking a significant downturn for the stock. This decline comes as the company has faced a challenging period, with its stock price falling for the last eight consecutive days, resulting in an 18.76% drop during this timeframe.
In terms of performance, Vipul has underperformed its sector by 4.56% today, reflecting broader market trends. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trajectory. Over the past year, Vipul's performance has been notably poor, with a staggering decline of 78.10%, contrasting sharply with the Sensex, which has only seen a minor decrease of 0.16%.

The company's financial health is under scrutiny, as it has reported operating losses and negative results for the last three consecutive quarters. Additionally, a high debt-to-EBITDA ratio of 6.35 times raises concerns about its ability to service debt. With 30.71% of promoter shares pledged, the stock faces additional pressure in a declining market.