Polyspin Exports hits 52-week low, underperforms sector with consecutive fall

Oct 08 2024 09:35 AM IST
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Polyspin Exports, a microcap company in the miscellaneous industry, hit a 52-week low on October 8th, 2024. MarketsMojo has issued a Strong Sell call for the stock, which opened at Rs.40 today, underperforming the sector by -2.03%. The stock has been on a consecutive fall for the last 4 days, with a -7.29% return. It is currently trading below its moving averages and has seen a -16.63% performance in the last year compared to Sensex's 22.87%. Investors should conduct their own research before making any decisions.

Polyspin Exports, a microcap company in the miscellaneous industry, has recently hit a 52-week low on October 8th, 2024. This has led to a "Strong Sell" call by MarketsMOJO.

The stock opened today at Rs.40, which is its new 52-week low. It has also underperformed the sector by -2.03% and has been on a consecutive fall for the last 4 days, with a -7.29% return in that period. Additionally, the stock opened with a loss of -6.98% today and touched an intraday low of Rs.40.

Polyspin Exports is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In comparison to the Sensex performance of 22.87%, Polyspin Exports has seen a -16.63% performance in the last year.

While the company's stock may be facing a downward trend, it is important to note that this information is based on facts and not influenced by any external sources. As a microcap company in the miscellaneous industry, Polyspin Exports may face challenges in the market, but it is important for investors to do their own research and make informed decisions.
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