Mold-Tek Packaging Faces Continued Decline Amid Broader Market Gains and Volatility

Jan 28 2025 10:05 AM IST
share
Share Via
Mold-Tek Packaging has faced significant volatility, hitting a new 52-week low and experiencing a seven-day decline totaling 10.79%. Despite a brief intraday high, the stock closed lower, underperforming its sector. Over the past year, it has declined 39.70%, contrasting with the Sensex's gains.
Mold-Tek Packaging, a small-cap player in the plastic products industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 504.65. This decline marks a continued downward trend, as the stock has now fallen for seven consecutive days, resulting in a total drop of 10.79% during this period.

In terms of intraday performance, Mold-Tek Packaging saw a high of Rs. 533, reflecting a modest increase of 2.15% at its peak, but ultimately closed lower, underperforming its sector by 1.14%. The stock's performance over the past year has been notably poor, with a decline of 39.70%, contrasting sharply with the Sensex, which has gained 7.28% in the same timeframe.

Additionally, Mold-Tek Packaging is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action. Investors and market watchers will be keen to observe how the company navigates these challenging conditions moving forward.
{{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