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Pashupati Cotspin Ltd (NSE: PASHUPATI) Crashes 20% in a Single Session — Has the Trend Turned Lower Again?

Pashupati Cotspin Ltd (NSE: PASHUPATI) Crashes 20% in a Single Session — Has the Trend Turned Lower Again?

Source: shutterstock

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Highlights

  • Pashupati Cotspin Ltd (NSE: PASHUPATI) plunged 19.98% to ₹76.70 after falling sharply from the intraday high of ₹100.00.
  • The stock slipped below its 21-day SMA of ₹97.79, indicating that the recent upward structure has weakened.
  • Pashupati Cotspin reported standalone net profit of ₹269.12 lakh for the December 2025 quarter.

Overview

Pashupati Cotspin Ltd (NSE: PASHUPATI) tumbled 19.98% to ₹76.70 after opening at ₹96.30 and witnessing aggressive selling throughout the session. The stock briefly touched ₹100.00 intraday before reversing sharply and ending near the day’s low.

The sudden decline erased most of the gains made over the past several weeks. After consolidating near the ₹95.00–102.00 range through April, the stock broke down decisively and slipped to its lowest level in nearly two months.

Fundamental View

For the quarter ended December 2025, Pashupati Cotspin reported standalone total income of ₹15,082.10 lakh.

Profit before tax stood at ₹308.59 lakh, while net profit came in at ₹269.12 lakh. Earnings per share was ₹1.71.

Although the company remained profitable during the quarter, the latest price action suggests that the market is currently reacting more to technical weakness than to the underlying earnings profile.

Technical View

Pashupati Cotspin is now trading below its 21-day Simple Moving Average of ₹97.79 after spending several weeks above this level. The sharp break below the moving average has weakened the near-term structure considerably.

The stock also failed to hold the ₹95.00–100.00 zone, which had acted as a key trading range in recent sessions. The inability to sustain near the day’s high and the sharp reversal afterward indicate that sellers have regained control.

The 14-day RSI has collapsed to 14.33, placing the stock deep in oversold territory. While such readings can sometimes lead to a short-term rebound, they also reflect the intensity of the recent selling pressure.

Key Technical Levels

The ₹69.00–65.00 region may now act as the next important support area if the current decline continues. A move into this zone could attract some short-covering after the sharp fall.

On the upside, the stock may face resistance around ₹81.00–84.00. Unless Pashupati Cotspin manages to move back above this band, the near-term trend may remain under pressure.

Source: TradingView

Risks to Watch

  • The stock has fallen nearly 20.00% in a single session, which highlights extremely high volatility.
  • A continued move below ₹76.00 may increase the chances of another sharp leg lower.
  • The stock is now trading below its 21-day SMA, weakening the broader short-term structure.
  • Although RSI is deeply oversold, oversold stocks can remain weak for longer than expected.

Summary

Pashupati Cotspin Ltd (NSE: PASHUPATI) witnessed a major breakdown after failing to hold near the ₹100.00 mark. The stock has slipped below its 21-day SMA and the recent trading range, indicating that the earlier recovery phase has been interrupted.

While the company remains profitable at the operational level, the near-term chart has weakened sharply. Any rebound may first need to reclaim the ₹81.00–84.00 area before the stock can stabilize.

FAQs

Why did Pashupati Cotspin share price fall today?

The stock dropped sharply after failing to hold near ₹100.00 and witnessing heavy selling pressure through the session.

Is Pashupati Cotspin trading below its 21-day SMA?

Yes. The stock is now trading below its 21-day SMA of ₹97.79.

What are the next key levels for Pashupati Cotspin?

The stock may find support near ₹69.00–65.00, while resistance is seen around ₹81.00–84.00.

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