Yarn Syndicate Faces Ongoing Challenges Amidst Significant Stock Volatility and Weak Fundamentals

Apr 08 2025 09:47 AM IST
share
Share Via
Yarn Syndicate, a microcap trading company, has faced notable volatility, reaching a new 52-week low. The stock has declined significantly over the past 17 days, with weak long-term fundamentals highlighted by low ROCE and high debt levels. Promoter confidence is also diminishing, as their stake has decreased recently.
Yarn Syndicate, a microcap trading company, has experienced significant volatility, hitting a new 52-week low of Rs. 18.51 today. The stock has been on a downward trajectory for the past 17 days, resulting in a substantial decline of 57.03% during this period. In comparison to its sector, Yarn Syndicate underperformed by 3.74% today.

The company's long-term fundamentals appear weak, with a Return on Capital Employed (ROCE) of just 0.91% and a high Debt to EBITDA ratio of 16.64 times, indicating challenges in servicing its debt. Additionally, promoter confidence seems to be waning, as they have reduced their stake by 1.26% in the last quarter, now holding 5.47% of the company.

Despite a year marked by a -13.91% return, Yarn Syndicate reported a higher profit after tax of Rs. 0.39 crore and net sales of Rs. 15.62 crore in the latest quarter. The stock's technical indicators remain bearish, with it trading below all key moving averages. As the broader market shows positive movement, Yarn Syndicate's performance continues to lag behind, reflecting ongoing challenges within the company.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News