Gothi Plascon (India) Ltd's Stock Hits 52-Week High, But Rated as 'Sell' by MarketsMOJO

Jan 31 2024 03:35 PM IST
share
Share Via
Gothi Plascon (India) Ltd, a microcap company in the plastic products industry, saw its stock hit a 52-week high of Rs. 53.9 on January 31st, 2024. However, MarketsMojo rates it as a 'Sell' and the stock's performance today has been underwhelming, with a -4.27% underperformance compared to the sector. Despite the recent high, the stock's moving averages indicate a mixed trend. It currently has a high dividend yield of 3.88% and has outperformed the Sensex in the past year.

Gothi Plascon (India) Ltd, a microcap company in the plastic products industry, has recently seen a surge in its stock price. On January 31st, 2024, the company's stock hit a 52-week high of Rs. 53.9. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

The stock's performance today has been underwhelming, as it has underperformed the sector by -4.27%. It opened with a gap down of -4.75% and touched an intraday low of Rs. 48.98, before reaching an intraday high of Rs. 53.9, a 4.56% increase.

Despite the recent high, the stock's moving averages are still lower than the 5-day moving average. However, it is higher than the 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend for the stock.

Investors may also be interested to know that Gothi Plascon (India) Ltd currently has a high dividend yield of 3.88% at the current price.

In terms of performance, the company has outperformed the Sensex by a significant margin in the past year, with a growth of 61.71% compared to the Sensex's 20.49%.

Overall, Gothi Plascon (India) Ltd's stock has seen a recent surge, but with a 'Sell' rating from MarketsMOJO and mixed moving averages, investors may want to approach with caution.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News