T T Hits New 52-Week Low of Rs. 9 Amid Ongoing Decline

T T, a microcap company in the Garments & Apparels industry, has reached a new 52-week low of Rs. 9 today, marking a significant downturn in its stock performance. This decline comes as the stock has underperformed its sector by 3.49% and has seen a consecutive fall over the past five days, resulting in a total drop of 10.98% during this period.
The company's long-term fundamentals appear weak, with a -15.61% compound annual growth rate (CAGR) in operating profits over the last five years. Additionally, T T's ability to service its debt is concerning, reflected in a high DebT To EBITDA ratio of 13.20 times. The Return on Capital Employed (ROCE) stands at a low average of 6.97%, indicating limited profitability relative to the total capital employed.

In the broader market context, the Sensex is trading positively, currently at 83,551.66, just 2.08% away from its 52-week high. However, T T's performance starkly contrasts with this trend, highlighting its struggles in both the near and long term. Over the past year, the stock has generated a return of -44.00%, significantly lagging behind the Sensex's performance of 3.90%.