Saffron Industries Hits 52-Week Low Amid Broader Market Decline and Sector Disparities
Saffron Industries, a microcap in the Paper & Paper Products sector, reached a new 52-week low amid broader market declines. The stock has underperformed its sector and faces challenges such as a negative book value and high debt-to-equity ratio, despite a recent improvement in quarterly results.
Saffron Industries, a microcap player in the Paper & Paper Products sector, has seen significant activity today, hitting a new 52-week low of Rs. 5.76. The stock has underperformed its sector by 3.89%, reflecting broader market trends as the Sensex fell sharply by 1.56% after a negative opening. Currently, Saffron Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish technical trend. Over the past year, the stock has declined by 20.26%, contrasting sharply with the Sensex's positive performance of 2.86%.
The company faces challenges with a negative book value and a high debt-to-equity ratio, which raises concerns about its long-term fundamental strength. Despite a recent uptick in quarterly results, including a highest PBDIT of Rs. 0.72 crore, the overall outlook remains cautious due to poor long-term growth metrics.
As the Paper & Paper Products sector has gained 3.33%, Saffron Industries continues to struggle, highlighting the disparities within the industry.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
