Polyplex Corporation's Stock Sees 7.04% Increase, Outperforms Sector and Sensex

Polyplex Corporation, a smallcap company in the plastic products industry, saw a 7.04% increase in its stock price on June 19, 2024. This rise was in line with the overall positive performance of the company in recent months.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Polyplex Corporation is 'Sell'. However, the company has outperformed its sector by 5.9% and reached an intraday high of Rs 917.15, a 6.34% increase.

Polyplex Corporation's moving averages are also showing a positive trend, with the stock price being higher than the 5, 20, 50, and 100 day moving averages. However, it is still lower than the 200 day moving average.

In comparison to the Sensex, Polyplex Corporation's stock performance has been strong. On the day of the stock's 7.04% increase, the Sensex only saw a 0.15% increase. In the past month, Polyplex Corporation's stock has also outperformed the Sensex, with a 1.75% increase compared to the Sensex's 4.61% increase.

Overall, Polyplex Corporation's stock has shown positive growth and outperformed its sector and the Sensex in recent months. However, investors should take note of the current 'Sell' call by MarketsMOJO and continue to monitor the company's performance.