Leather stocks down today: Super Tannery, AKI India, Amin Tannery, Euro-Leder Fashion under pressure; Here's why
Leather stocks today, Sept. 15 -- Shares of leather industry stocks like Super Tannery Limited, Amin Tannery Limited, and Euro-Leder Fashion remained under pressure during Tuesday's trading session. The recent weakness in these stocks came as part of a wider cautious sentiment prevailing across the Indian stock market today.
Additionally, most of these stocks appear to be undergoing some correction after seeing sharp rally over the past few weeks.
A decline in leather industry exports and lack of clarity over implementation of zero-duty access for Indian leather under India-EU FTA might have also added on to the pressure over the sector, according to Gaurav Garg, Head - Research, Lemonn.
"The India-EU FTA took only a procedural step on...
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