Key Events This Week
2 Feb: Stock hits 52-week low at Rs.1.07 amid sustained downtrend
3 Feb: New 52-week low of Rs.1.02 despite sector gains
5 Feb: Further decline to Rs.1.01 with downgrade to Strong Sell
6 Feb: Lowest close at Rs.0.96; Mojo Grade upgraded to Sell
2 February 2026: Stock Hits 52-Week Low at Rs.1.07
Tuni Textile Mills Ltd’s share price fell to Rs.1.07, marking a fresh 52-week low and continuing a steep downtrend. The stock declined 8.55% on the day, underperforming the Sensex which dropped 1.03%. This decline followed six consecutive days of losses, cumulatively eroding 23.57% of the stock’s value. The stock traded below all key moving averages, signalling sustained bearish momentum. Despite the broader market’s resilience, Tuni Textile Mills struggled amid concerns over its financial health and valuation.
3 February 2026: New 52-Week Low at Rs.1.02 Amid Sector Gains
The downward pressure intensified as the stock touched Rs.1.02, another 52-week low, despite the Garments & Apparels sector gaining 8.37% that day. The stock’s 3.74% gain intraday was insufficient to offset the ongoing negative trend. The Sensex closed up 2.63%, highlighting the stock’s divergence from market and sector performance. Technical indicators remained weak, with the stock trading below all major moving averages. The company’s long-term returns remained negative, with a one-year loss exceeding 30%.
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5 February 2026: Further Decline to Rs.1.01 and Strong Sell Rating
The stock continued its slide, closing at Rs.1.01, down 4.72% on the day and marking yet another 52-week low. This two-day decline amounted to a 9.01% loss. The broader market was subdued, with the Sensex down 0.53%. MarketsMOJO downgraded the stock’s mojo grade to Strong Sell on 29 January 2026, reflecting deteriorating fundamentals and valuation concerns. The company’s debt to EBITDA ratio remained high at 6.60 times, while return on capital employed (ROCE) was modest at 7.02% long term, improving slightly to 8.69% in the half-year period. Despite positive quarterly profits and sales growth, the stock’s technical and fundamental weaknesses persisted.
6 February 2026: Lowest Close at Rs.0.96 and Mojo Grade Upgrade
On the final trading day of the week, Tuni Textile Mills Ltd closed at Rs.0.96, the lowest level in the past year, down 4.95% on the day. The stock underperformed the Sensex, which gained 0.10%. Despite the continued downtrend, MarketsMOJO upgraded the stock’s mojo grade from Strong Sell to Sell, citing improved valuation metrics and financial trends. The price-to-earnings ratio moderated to 44.75, and the enterprise value to capital employed ratio improved to 1.99, indicating a shift from expensive to fair valuation. However, the company’s leverage remained elevated, and long-term returns were still negative, underscoring ongoing challenges.
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Weekly Price Performance: Tuni Textile Mills Ltd vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-02 | Rs.1.07 | -8.55% | 35,814.09 | -1.03% |
| 2026-02-03 | Rs.1.11 | +3.74% | 36,755.96 | +2.63% |
| 2026-02-04 | Rs.1.06 | -4.50% | 36,890.21 | +0.37% |
| 2026-02-05 | Rs.1.01 | -4.72% | 36,695.11 | -0.53% |
| 2026-02-06 | Rs.0.96 | -4.95% | 36,730.20 | +0.10% |
Key Takeaways
Persistent Downtrend: The stock consistently hit new 52-week lows throughout the week, closing at Rs.0.96 on 6 February 2026, reflecting sustained selling pressure and weak investor sentiment.
Underperformance vs Sensex: While the Sensex gained 1.51% over the week, Tuni Textile Mills declined 17.95%, highlighting company-specific challenges amid a relatively stable broader market.
Financial and Valuation Concerns: Elevated debt levels with a Debt to EBITDA ratio of 6.60 times and modest ROCE averaging 7.02% long term have weighed on the stock. However, valuation metrics improved, with the P/E ratio moderating to 44.75 and EV/CE ratio shifting to a fair 1.99.
Profitability Despite Price Weakness: The company reported positive profits for three consecutive quarters, with a six-month PAT of Rs.0.89 crore and quarterly net sales peaking at Rs.44.67 crore, indicating operational progress not yet reflected in the share price.
Rating Upgrade Reflects Cautious Optimism: MarketsMOJO upgraded the mojo grade from Strong Sell to Sell on 5 February 2026, acknowledging improved valuation and financial trends but maintaining a cautious stance due to ongoing risks.
Technical Weakness Persists: The stock remains below all key moving averages, signalling continued bearish momentum and limited near-term upside catalysts.
Conclusion
Tuni Textile Mills Ltd’s share price decline of 17.95% over the week ending 6 February 2026 underscores significant challenges faced by the company, including high leverage, modest profitability, and persistent technical weakness. Despite recent improvements in valuation and financial trends prompting a mojo grade upgrade to Sell, the stock’s underperformance relative to the Sensex and sector peers remains stark. Operational improvements in profitability and sales have yet to translate into positive market sentiment or price recovery. Investors should remain cautious given the stock’s ongoing downtrend and fundamental constraints, while monitoring any further developments in financial health and market positioning.
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