Kanpur Plastipack's Stock Performance: A Look at Recent Trends and Moving Averages

Jan 08 2024 10:35 AM IST
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Kanpur Plastipack, a microcap company in the packaging industry, has been in the news for its stock performance. According to MarketsMojo, the stock call for Kanpur Plastipack is 'Sell'. The stock has shown a positive trend, trading higher than its moving averages, but has underperformed the sector and the Sensex in the past month. This article provides factual information for readers interested in the company's stock performance.


Kanpur Plastipack, a microcap company in the packaging industry, has been in the news recently due to its stock performance. According to MarketsMOJO, a leading stock analysis platform, the stock call for Kanpur Plastipack is 'Sell'. The stock opened today with a gain of 2.61%, but it has underperformed the sector by -0.95%. However, there is a trend reversal as the stock has gained after two consecutive days of fall.

In terms of moving averages, Kanpur Plastipack is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the overall market performance, Kanpur Plastipack has performed better in the past 1 day with a 0.21% increase, while the Sensex has only seen a 0.06% increase. However, in the past 1 month, the stock has underperformed the Sensex with a -1.90% decrease compared to the Sensex's 3.21% increase.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers who are interested in the stock performance of Kanpur Plastipack. As always, it is recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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