Amin Tannery Hits New 52-Week Low at Rs. 1.71

Amin Tannery has reached a significant milestone today, hitting a new 52-week low of Rs. 1.71. This decline marks a notable point in the company's performance, as it has underperformed the sector by 3.28% today. The stock has consistently traded below its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a prolonged period of weakness.
Over the past year, Amin Tannery has experienced a decline of 18.38%, contrasting sharply with the Sensex, which has gained 8.68% during the same period. The stock's previous 52-week high was Rs. 3.03, highlighting the extent of its recent downturn.

The company's financial metrics reveal challenges, including a high debt-to-equity ratio averaging 2.33 times and a low return on equity of 2.17%. These factors contribute to concerns regarding its long-term growth potential, as net sales have only grown at an annual rate of 8.42% over the last five years. As the market continues to evolve, Amin Tannery's performance will be closely monitored for any signs of recovery or further decline.