Yarn Syndicate Faces Prolonged Decline Amid Weak Fundamentals and Promoter Confidence Erosion

Apr 03 2025 09:38 AM IST
share
Share Via
Yarn Syndicate, a microcap trading company, has faced significant volatility, hitting a new 52-week low and experiencing a 14-day decline totaling 51.14%. The company shows weak long-term fundamentals, including a low Return on Capital Employed and a high Debt to EBITDA ratio, alongside decreasing promoter confidence.
Yarn Syndicate, a microcap trading company, has experienced significant volatility today, reaching a new 52-week low of Rs. 21.22. This decline marks a continued trend, as the stock has now fallen for 14 consecutive days, resulting in a total drop of 51.14% during this period. Today's performance saw the stock underperform its sector by 5.62%, opening with a loss of 4.97% and trading consistently at the day's low.

In terms of financial health, Yarn Syndicate has shown weak long-term fundamentals, 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. Promoter confidence appears to be waning, as their stake in the company has decreased by 1.26% over the last quarter.

Despite a year-over-year profit increase of 81%, the stock has underperformed the broader market, with a 1-year return of -9.74% compared to the Sensex's 3.34% gain. The technical indicators also suggest a bearish trend, with the stock trading below its moving averages across various time frames.
{{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