Why is Shiva Texyarn falling/rising?

Aug 11 2025 09:08 PM IST
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As of 11-Aug, Shiva Texyarn Ltd's stock price is Rs. 170.45, down 6.22% and at a new 52-week low, reflecting a consistent decline and significant underperformance against its sector and the benchmark. Despite positive financial results, weak long-term fundamentals and declining investor confidence contribute to its downward trend.
As of 11-Aug, Shiva Texyarn Ltd's stock price is currently at Rs. 170.45, reflecting a decline of Rs. 11.3 or 6.22%. The stock has reached a new 52-week low today and has been on a downward trend, underperforming its sector by 6.24%. Over the past four days, the stock has consistently fallen, resulting in a total decline of 13.81%. In terms of returns, the stock has underperformed significantly over various periods, with a 1-month decline of 18.05% and a year-to-date drop of 21.47%. Despite positive financial results in the last four quarters, including a 28.13% growth in net sales and a 32.97% increase in profit after tax, the stock's long-term fundamentals are weak, characterized by a low return on capital employed and poor growth rates over the past five years.

In the broader market context, the stock's performance has been notably weaker than the benchmark, with a 1-week return of -8.95% compared to the Sensex's -0.51%. This consistent underperformance against the benchmark over the last three years, coupled with a high debt-to-EBITDA ratio, raises concerns about the company's ability to service its debt. The stock's liquidity is adequate for trading, but falling investor participation, as indicated by a significant drop in delivery volume, suggests a lack of confidence among investors. Overall, the combination of recent price movements, weak long-term fundamentals, and underperformance relative to the market contributes to the stock's declining trajectory.
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