Super Tannery Hits 52-Week Low Amid Ongoing Financial Challenges and Sector Underperformance

Super Tannery, a microcap player in the diversified consumer products sector, has experienced significant activity today, hitting a new 52-week low of Rs. 8.03. This decline marks a continued trend, as the stock has underperformed its sector by 3.15% and has seen a consecutive fall over the past two days, resulting in a total drop of 4.03% during this period.
In terms of moving averages, Super Tannery is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past year, the stock has reported a performance decline of 16.20%, contrasting sharply with the Sensex, which has gained 1.18% in the same timeframe.

Financial metrics reveal weak long-term fundamentals, with an average Return on Capital Employed (ROCE) of 6.71% and a high Debt to EBITDA ratio of 3.86 times, suggesting challenges in servicing debt. Despite some positive results in recent quarters, including a 21.82% growth in net sales, the overall outlook remains cautious as the company continues to face significant hurdles in both short-term and long-term performance.