) touched a new all-time low of ₹31.42 by 10:10 am, marking the third consecutive session of decline. The stock has seen a sharp erosion in value in the calendar year 2025 so far, correcting nearly 63%. Persistent selling pressure is largely attributed to promoter stake sale concerns, coupled with ongoing fundamental and operational challenges. Continued losses, weak interest coverage, and negative ROE and ROCE have kept investor confidence fragile, making the stock highly sentiment-sensitive. The extended downtrend highlights persistent investor caution around earnings visibility and the company’s ability to improve financial metrics.
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