Market Analysis and Recent Price Movement
On December 11, 2025, Shree Steel Wire Ropes closed at a price of Rs.24.11, marking the lowest point in the past year. This figure represents a daily decrease of 3.84% and a cumulative two-day drop of 7.95%. This downward trend starkly contrasts with the broader market’s performance, where the Sensex rose by 0.23% to 84,587.35 points, nearing its 52-week high of 86,159.02. The BSE Mid Cap index also experienced a gain of 0.48%, further emphasizing the divergence between Shree Steel Wire Ropes and the overall market trend.
Shree Steel Wire Ropes has consistently traded below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This pattern suggests a continuous selling pressure and a lack of upward momentum in the short to long term.
Financial Performance Review
Over the past year, Shree Steel Wire Ropes has yielded a total return of -41.39%, significantly underperforming the Sensex, which posted a positive return of 3.77% during the same period. The stock’s 52-week high was Rs.43.78, indicating a considerable decrease in market valuation over the past twelve months.
The company’s financial results for the quarter ending in September 2025 showed a PBDIT (Profit Before Depreciation, Interest, and Taxes) of Rs.-0.28 crore, one of the lowest in recent quarters. The Earnings per Share (EPS) for the same period was Rs.-0.88, reflecting net profit losses.
The company’s profitability metrics further underscore the challenges it faces. The average Return on Equity (ROE) is reported at 2.21%, suggesting limited profitability generated from shareholders’ funds. Moreover, the company’s ability to service its debt is limited, with an average EBIT to interest coverage ratio of 0.16, indicating that earnings before interest and taxes are insufficient to comfortably cover interest expenses.
Long-Term and Short-Term Performance Trends
Shree Steel Wire Ropes has consistently underperformed not only in the past year but also over longer periods. The stock’s returns have been lower than those of the BSE500 index over the last three years, one year, and three months. This trend indicates ongoing difficulties in regaining investor confidence and market share within the iron and steel products sector.
The company’s earnings have shrunk by approximately 71% over the past year, contributing to the negative sentiment surrounding the stock. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) has remained negative, increasing the stock’s risk profile compared to its historical valuation averages.
Shareholding and Sectoral Context
The majority of Shree Steel Wire Ropes’ shares are held by non-institutional investors, which could impact liquidity and trading dynamics. The company operates in the iron and steel products industry, a sector that has seen mixed performance due to fluctuating commodity prices.
