Apollo Pipes Experiences Revision in Stock Score Amidst Recent Market Challenges

Apollo Pipes, a small-cap player in the plastic products industry, has recently experienced notable changes in its stock evaluation. The company has reached a 52-week low, with its stock price hitting Rs. 431.75 on January 10, 2025. This decline underscores a significant downturn for Apollo Pipes, which has underperformed its sector by 0.91% today.
Over the past week, the stock has faced consecutive declines, resulting in an overall drop of 8.07%. The trading activity has remained within a narrow range of Rs. 3.3, indicating limited volatility. Furthermore, Apollo Pipes is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend in its performance.

In terms of annual performance, Apollo Pipes has seen a decrease of 36.74% over the past year, contrasting sharply with the Sensex, which has recorded an increase of 8.15% during the same timeframe. In light of these developments, the stock has been added to MarketsMOJO's list, reflecting a revision in its score that aligns with the current market sentiment surrounding its performance.