EPL Limited Faces Challenges Amid Declining Stock Performance in Plastic Industry

Feb 24 2025 01:45 PM IST
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EPL LIMITED, a midcap in the plastic products industry, saw a notable decline on February 24, 2025, underperforming its sector. The stock is trading below key moving averages, indicating a bearish trend, despite a slight gain over the past month amid broader market challenges.
EPL LIMITED, a midcap player in the plastic products industry, has experienced a significant decline of 7.65% on February 24, 2025. This drop has positioned the stock as an underperformer compared to its sector, lagging by 6.05%. During the trading session, EPL LIMITED reached an intraday low of Rs 221.5, reflecting a decrease of 6.68% from previous levels.

In terms of moving averages, EPL LIMITED is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term. Over the past month, however, the stock has shown a modest gain of 1.79%, contrasting with the Sensex, which has declined by 2.28% during the same period.

This performance highlights the challenges faced by EPL LIMITED in the current market environment, as it navigates through fluctuations while maintaining its position within the plastic products sector.
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