Pasupati Acrylon Limited: Analyzing Recent Stock Movements on BSE
In a surprising turn of events on the Bombay Stock Exchange (BSE), Pasupati Acrylon Limited (BSE: PASUPTAC.BO) saw its stock price drop significantly by 3.76% to INR 59.09. This notable decline came after reaching a year high of INR 66 earlier in the day. Let’s dive into the financial and technical attributes driving this stock’s performance.
Recent Price Activity and Technical Analysis
Pasupati Acrylon’s stock opened at INR 66.00 but slid to a low of INR 59.05 before closing at INR 59.09. The decline contributed to a 5-day loss of 2.71%. Despite the recent drop, the stock has seen a year-to-date increase of 14.69%. The Relative Strength Index (RSI) is hovering at 62.91, suggesting the stock remains under mild buying pressure, although the Commodity Channel Index (CCI) indicates an overbought status at 134.05.
Financial Metrics and Ratios
Pasupati Acrylon reports an earnings per share (EPS) of INR 4.41, resulting in a price-to-earnings (P/E) ratio of 13.4. The company shows a solid book value per share of INR 42.87, with a debt-to-equity ratio of 0.288. The market cap currently stands at INR 5.26 billion. The company’s working capital is INR 2.42 billion, maintaining a healthy current ratio of 2.74.
Sector Performance and Market Position
Operating within the Consumer Cyclical sector, Pasupati Acrylon focuses on acrylic fibers and cast polypropylene films. The sector has faced headwinds due to fluctuating raw material prices and global economic conditions, affecting firms like Pasupati Acrylon. However, the company’s robust operational practices and diversified product line, such as acrylic tows and tops, reaffirm its competitive stance.
Market Outlook and Forecasts
Meyka AI’s data analysis predicts a recovery with a one-month target of INR 61.06 and a five-year forecast reaching INR 71.08. The company plans to announce earnings on February 9, 2026, which could provide further insights into its strategic direction and performance.
Final Thoughts
While Pasupati Acrylon Limited has experienced a recent dip in stock value, its strong financial ratios and strategic market positioning offer potential for recovery and growth. Investors should remain aware of upcoming earnings and sector trends that could influence its market trajectory. Stock prices can fluctuate based on market conditions, economic factors, and company-specific events.
FAQs
The decline was influenced by market trends and profit-taking after reaching a year high, compounded by sector challenges in the Consumer Cyclical field.
With a P/E ratio of 13.4, Pasupati Acrylon is relatively aligned with industry standards, reflecting moderate valuation compared to peers in the apparel manufacturing space.
Pasupati Acrylon boasts a strong current ratio of 2.74, indicating good liquidity, and a healthy debt-to-equity ratio of 0.288, showcasing sound financial management.
Forecasts suggest a positive outlook with expected gradual recovery to INR 61.06 in the short term, potentially reaching INR 71.08 in five years, driven by strategic business moves.
Pasupati Acrylon is scheduled to announce its earnings on February 9, 2026, which could provide new insights into its financial health and operational strategy.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
