Apollo Pipes Faces Significant Market Challenges Amidst Ongoing Volatility

Feb 17 2025 09:40 AM IST
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Apollo Pipes, a small-cap in the plastic products sector, has hit a new 52-week low amid significant volatility, underperforming its sector. The stock has declined consecutively over two days and is trading below all major moving averages, reflecting a challenging year with a notable performance drop compared to the Sensex.
Apollo Pipes, a small-cap player in the plastic products industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 343.3. This decline marks a notable performance dip, as the stock has underperformed its sector by 1.01%. Over the past two days, Apollo Pipes has seen a consecutive fall, with a total decline of 5.65%.

Today's trading session saw the stock hit an intraday low of Rs. 343.3, reflecting a decrease of 3.45% at its lowest point. Additionally, Apollo Pipes is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action.

Over the past year, Apollo Pipes has faced a challenging market environment, with a performance decline of 54.38%, contrasting sharply with the Sensex, which has gained 4.25% during the same period. This stark difference highlights the ongoing struggles faced by the company in the current market landscape.
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