Plastiblends India Faces Market Challenges Amid Broader Sector Declines and Low Trading Levels

Jan 24 2025 03:35 PM IST
share
Share Via
Plastiblends India, a microcap in the plastic products sector, is trading near its 52-week low, with recent intraday activity showing a decline. Despite underperforming over the past year compared to broader market indices, it has slightly outpaced its sector's decline, indicating ongoing challenges in the industry.
Plastiblends India, a microcap player in the plastic products industry, has experienced significant activity today, reflecting broader trends in the market. The stock is currently trading close to its 52-week low, just 1.64% away from Rs 225.05, which it reached on January 24, 2025. Today, Plastiblends India saw an intraday low of Rs 226.75, marking a decline of 2.39%.

Despite the challenges, the stock has managed to outperform its sector, which has seen a decline of 2.37%, by 0.93%. However, it is important to note that Plastiblends India is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past year, the company has faced a notable decline of 26.15%, contrasting sharply with the Sensex's performance of 7.22%. These metrics highlight the current market position and performance indicators for Plastiblends India, reflecting the ongoing challenges within the industry.
{{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