Nahar Polyfilms Hits 52-Week Low, Underperforming Sector with 'Strong Sell' Rating

Nahar Polyfilms, a microcap company in the textile industry, has recently hit a 52-week low on March 27, 2024. The stock has been underperforming the sector, with a current stock call of 'Strong Sell' by MarketsMOJO.

The stock price of Nahar Polyfilms has been on a downward trend, with a consecutive fall for the last two days and a -4.33% return in this period. Today, the stock touched an intraday low of Rs 179, which is -2.37% lower than the previous day's close.

In terms of moving averages, Nahar Polyfilms is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's performance.

Compared to the Sensex, Nahar Polyfilms has had a negative 1-year performance of -22.45%, while the Sensex has shown a positive performance of 26.60%. This further highlights the underperformance of the company's stock in the market.

Investors should take note of the current stock call of 'Strong Sell' by MarketsMOJO and the downward trend in the stock's performance. It is important to conduct thorough research and analysis before making any investment decisions.