Texmo Pipes & Products Hits 52-Week Low, Investors and Analysts Take Notice

Nov 21 2024 09:35 AM IST
share
Share Via
Texmo Pipes & Products Ltd, a microcap company in the plastic products industry, has hit a 52-week low on November 21, 2024. The stock has been on a downward trend and is currently trading below its moving averages. The company's struggles in the current market conditions and the sector's challenges could be contributing factors.

Texmo Pipes & Products Ltd, a microcap company in the plastic products industry, has recently hit a 52-week low on November 21, 2024. This news has caught the attention of investors and market analysts, with MarketsMOJO giving a "Strong Sell" call for the stock.

The stock price of Texmo Pipes & Products has been on a downward trend, with the latest low of Rs. 60 being hit today. The company's performance today has also underperformed the sector by -0.88%. In addition, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment in the market.

In comparison to the Sensex, Texmo Pipes & Products has had a negative 1-year performance of -12.14%, while the Sensex has shown a positive performance of 16.78%. This further highlights the struggles of the company in the current market conditions.

Texmo Pipes & Products is a microcap company, meaning it has a relatively small market capitalization. The company operates in the plastic products industry, which has been facing challenges due to the increasing awareness and demand for sustainable and eco-friendly alternatives. This could be a contributing factor to the company's recent low stock price.

Investors and market analysts are closely monitoring the performance of Texmo Pipes & Products, as the company's stock continues to decline. With a "Strong Sell" call from MarketsMOJO, it is important for investors to carefully consider their options before making any investment decisions related to this stock.
{{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
Texmo Pipes & Products Ltd is Rated Strong Sell
Dec 25 2025 03:13 PM IST
share
Share Via
Why is Texmo Pipes falling/rising?
Dec 09 2025 12:20 AM IST
share
Share Via
Why is Texmo Pipes falling/rising?
Nov 19 2025 10:05 PM IST
share
Share Via
How has been the historical performance of Texmo Pipes?
Nov 14 2025 11:42 PM IST
share
Share Via
How has been the historical performance of Texmo Pipes?
Nov 13 2025 11:18 PM IST
share
Share Via