Tuni Textile Mills Hits New Low Amid Ongoing Industry Challenges and Declining Performance

Feb 12 2025 09:35 AM IST
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Tuni Textile Mills has reached a new 52-week low, continuing a downward trend with a three-day decline totaling 6.75%. The company has underperformed its sector and recorded a yearly decline, contrasting with the Sensex's gains. The stock is trading below multiple moving averages, indicating ongoing challenges.
Tuni Textile Mills, a microcap player in the textile industry, has experienced significant activity today, hitting a new 52-week low of Rs. 1.35. This decline marks a notable moment for the company, which has been on a downward trajectory, with a consecutive three-day fall resulting in a total decrease of 6.75%.

In terms of market performance, Tuni Textile Mills has underperformed its sector by 2.71% today, reflecting broader challenges within the industry. Over the past year, the stock has recorded a decline of 5.13%, contrasting sharply with the Sensex, which has gained 6.81% during the same period.

Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. These performance indicators highlight the ongoing struggles faced by Tuni Textile Mills in a competitive market landscape.
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