Campus Activewear Ltd Share Price – NSE  / BSE

Leather, Small Cap

Shares of the Campus Activewear surged 24.98% in nine consecutive trading sessions from its recent closing low of Rs 278.40 on 6 September 2024.

The stock hit an all-time high of Rs 353.60 today. The counter has zoomed 63.51% from its 52-week low of Rs 212.80 hit on 28 March 2024.

On the BSE, 5.84 lakh shares were traded in the counter so far compared with average daily volumes of 1.56 lakh shares in the past two weeks.

The stock had outperformed the market over the past one month, surged 23.59% compared with 3.43% rise in the Sensex.

The scrip outperformed the market in three months, jumped 21.09% as against 3.2% increased in Sensex.

The scrip had also underperformed the market in past one year, increased 18.41% as against 24.53% jumped in Sensex.

On the technical front, the stock's daily RSI (relative strength index) stood at 73.784. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50 day, 100-day and 200-day simple moving average (SMA) placed at 326.73, 304.66 and 293.73, respectively. These levels will act as crucial support zones in near term.

Campus Activewear is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.

The company’s consolidated net profit declined 19.38% to Rs 25.38 crore in Q1 FY25 as compared with Rs 31.48 crore in Q1 FY24. Revenue from operations fell 4.13% YoY to Rs 339.16 crore during the quarter.

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Campus Activewear announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.

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Revenue from operations fell 4.13% YoY to Rs 339.16 crore during the quarter, amidst muted demand scenario driven by general elections.

During the quarter, profit before tax (PBT) stood at Rs 34.09 crore, down 19.6% as compared with Rs 42.40 crore in Q1 FY24.

EBITDA declined 18.7% to Rs 54 crore in Q1 FY25 as compared with Rs 66.4 crore in Q1 FY24. EBITDA margin was at 15.8% in Q1 FY25 as against 18.8% in Q1 FY24.

Average selling price (ASP) stood at Rs 585 in Q1 FY25 as compared with Rs 629 in Q1 FY24, driven by higher saliency of open footwear.

Nikhil Agarwal, CEO, Campus Activewear, said, “Campus Activewear registered 4.1 % degrowth YOY to INR 339.2 Cr in Q1 FY25 driven by muted demand scenario, witnessed across the rural and semiurban areas. Company continued its focus on driving reach & enhancing its retail footprint in new geographies. During the quarter company added 13 new stores. Campus Activewear continued to expand its geographical footprints in FY25.

Campus Activewear is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.

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Net profit of Campus Activewear declined 19.38% to Rs 25.38 crore in the quarter ended June 2024 as against Rs 31.48 crore during the previous quarter ended June 2023. Sales declined 4.13% to Rs 339.16 crore in the quarter ended June 2024 as against Rs 353.76 crore during the previous quarter ended June 2023.

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