Apollo Pipes Faces Significant Volatility Amidst Sustained Downward Trend in Stock Performance

Feb 18 2025 11:56 AM IST
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Apollo Pipes, a small-cap in the plastic products sector, has hit a new 52-week low, reflecting significant volatility and a 57.73% decline over the past year. The stock has underperformed its sector and is trading below multiple moving averages, indicating ongoing challenges for the company.
Apollo Pipes, a small-cap player in the plastic products industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 322.4. This decline marks a notable underperformance, as the stock has lagged behind its sector by 4.38%. Over the past three days, Apollo Pipes has seen a consecutive drop, accumulating a total decline of 13.22%.

Today's trading session saw the stock hit an intraday low of Rs. 322.4, reflecting a decrease of 5.73% from the previous close. The stock's performance over the past year has been particularly challenging, with a staggering decline of 57.73%, contrasting sharply with the Sensex, which has gained 4.55% during the same period.

Additionally, Apollo Pipes is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Investors and market watchers will be keen to observe how the company navigates these challenging conditions in the coming days.
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