Key Events This Week
18 May: Stock opens at Rs.22.28, modest gain despite Sensex decline
19 May: Strong rally to Rs.23.05 (+3.46%) as Sensex gains 0.25%
20 May: Minor correction to Rs.22.80 (-1.08%) with Sensex up 0.28%
21 May: Sharp fall to 52-week low Rs.20.22 (-11.32%) following flat quarterly results and margin concerns
22 May: Stock closes at Rs.20.19 (-0.15%) as Sensex continues modest gains

Poojawestern Metaliks Q4 FY26: Sharp Losses Trigger Stock Collapse
2026-05-21 17:05:10Poojawestern Metaliks Ltd., a Jamnagar-based manufacturer of industrial metal products, reported a dramatic swing to losses in Q4 FY26 (January-March 2026), posting a net loss of ₹0.23 crores compared to a profit of ₹0.55 crores in the same quarter last year—a sharp deterioration of 141.82%. The micro-cap company, with a market capitalisation of just ₹23.00 crores, saw its stock plummet 11.32% to ₹20.22 following the results announcement, extending a brutal year-long decline that has wiped out over 32% of shareholder value.
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Poojawestern Metaliks Ltd Reports Flat Quarterly Performance Amid Margin Pressures
2026-05-21 11:00:24Poojawestern Metaliks Ltd, a micro-cap player in the Other Industrial Products sector, has reported a flat financial performance for the quarter ended March 2026, signalling a marked slowdown from its previously positive growth trajectory. Despite a robust 52.8% increase in net sales, the company’s profitability metrics deteriorated sharply, leading to a downgrade in its Mojo Grade to Strong Sell.
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Poojawestern Metaliks Ltd Falls to 52-Week Low of Rs 20.82 as Sell-Off Deepens
2026-05-21 10:35:47For the second consecutive session, Poojawestern Metaliks Ltd has seen its share price decline sharply, hitting a fresh 52-week low of Rs 20.82 on 21 May 2026. This drop comes amid a broader market where the Sensex is trading higher, underscoring a stark divergence in performance.
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