Tuni Textile Mills Ltd Falls to 52-Week Low Amidst Continued Downtrend

Feb 01 2026 10:44 AM IST
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Tuni Textile Mills Ltd has touched a fresh 52-week low of Rs.1.12 today, marking a significant decline amid a sustained downward trend. The stock has underperformed its sector and benchmark indices, reflecting ongoing pressures within the Garments & Apparels industry.
Tuni Textile Mills Ltd Falls to 52-Week Low Amidst Continued Downtrend

Stock Performance and Market Context

The shares of Tuni Textile Mills Ltd (Stock ID: 435250) declined by 4.27% on the day, closing at Rs.1.12, the lowest level recorded in the past year. This drop comes after five consecutive days of losses, during which the stock has fallen approximately 20% in total returns. The stock’s performance today notably lagged behind its sector peers, underperforming the Garments & Apparels sector by 5.25%.

Technical indicators reveal that the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This broad weakness across multiple timeframes signals a persistent bearish momentum.

In contrast, the broader market has shown resilience. The Sensex opened 119.19 points higher and is currently trading at 82,485.33, up 0.26% on the day. The index remains within 4.45% of its 52-week high of 86,159.02. Mega-cap stocks are leading the gains, while the Sensex trades below its 50-day moving average, which itself remains above the 200-day moving average, indicating a cautiously positive market environment.

Long-Term Performance and Valuation Metrics

Over the past year, Tuni Textile Mills Ltd has delivered a negative return of 28.66%, significantly underperforming the Sensex, which has gained 7.46% in the same period. This underperformance extends beyond the last year, with the stock consistently lagging behind the BSE500 index across the last three annual periods.

From a valuation standpoint, the company’s metrics reflect challenges. The Return on Capital Employed (ROCE) stands at a modest 7.02% on average, indicating limited efficiency in generating returns from its capital base. The company’s debt servicing capacity is constrained, with a high Debt to EBITDA ratio of 6.60 times, suggesting elevated leverage relative to earnings.

Despite these concerns, the stock’s valuation appears discounted relative to its peers’ historical averages. The Enterprise Value to Capital Employed ratio is 2.2, which is considered expensive given the company’s ROCE of 8.3% in the latest half-year period. This valuation disconnect may reflect market caution amid the company’s financial profile.

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Financial Results and Operational Highlights

Despite the stock’s subdued performance, Tuni Textile Mills Ltd has reported positive financial results in recent quarters. The company has declared profits for three consecutive quarters, with the latest half-year period showing a Profit After Tax (PAT) of Rs.0.89 crore. This represents an improvement in profitability compared to previous periods.

The company’s ROCE for the half-year has also improved to 8.69%, the highest in recent times, signalling a modest enhancement in capital efficiency. Quarterly net sales reached Rs.44.67 crore, marking the highest quarterly sales figure recorded by the company.

Majority shareholding remains with non-institutional investors, indicating a shareholder base largely composed of retail or individual investors rather than institutional entities.

Sector and Peer Comparison

Within the Garments & Apparels sector, Tuni Textile Mills Ltd’s performance has been relatively weak. The stock’s 52-week high was Rs.1.90, nearly 70% above the current price, underscoring the extent of the decline. The company’s Mojo Score stands at 28.0, with a Mojo Grade of Strong Sell as of 29 January 2026, an upgrade from a previous Sell rating. This grading reflects the company’s weak long-term fundamentals and valuation concerns.

While the stock is trading at a discount compared to peers’ historical valuations, its financial metrics and returns have not matched sector averages. The company’s consistent underperformance against the benchmark indices over the last three years highlights ongoing challenges in maintaining competitive positioning.

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Summary of Key Metrics

Tuni Textile Mills Ltd’s current market capitalisation grade is 4, reflecting its micro-cap status. The company’s financial profile is characterised by a modest ROCE, elevated leverage, and a valuation that is discounted relative to peers but expensive when considering capital employed efficiency.

The stock’s recent price action, including the new 52-week low of Rs.1.12, is a reflection of these underlying fundamentals combined with broader market dynamics. While the Sensex and mega-cap stocks have shown strength, Tuni Textile Mills Ltd has continued to face downward pressure, resulting in a cumulative decline of nearly 29% over the past year.

Investors and market participants will note the company’s positive quarterly results and improving profitability metrics, though these have yet to translate into a reversal of the stock’s longer-term trend.

Market Position and Shareholding

The company operates within the Garments & Apparels sector, a segment that has experienced mixed performance amid changing consumer demand and competitive pressures. The majority of Tuni Textile Mills Ltd’s shares are held by non-institutional investors, which may influence trading patterns and liquidity characteristics.

Given the current market environment and the company’s financial indicators, the stock remains under close observation as it navigates these challenges.

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