Gulshan Polyols Hits 52-Week Low Amid Broader Chemicals Sector Decline
Gulshan Polyols, a microcap in the chemicals sector, has reached a new 52-week low, with its stock price declining significantly. The company has underperformed its sector and experienced a notable drop over the past three days, reflecting a broader bearish trend in the chemicals industry.
Gulshan Polyols, a microcap player in the chemicals industry, has hit a new 52-week low, with its stock price reaching Rs. 157 on January 13, 2025. This decline is notable as the stock has underperformed its sector by 3.28% today. Over the last three days, it has seen a cumulative drop of 10.2%, reflecting ongoing bearish sentiment.Today's trading session saw an intraday low of Rs. 157, marking an 8.05% decrease. The stock is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a bearish trend. In the broader context, the chemicals sector is also facing headwinds, with an overall decline of 3.52%. Over the past year, Gulshan Polyols has experienced a significant performance decrease of 24.00%, contrasting with the Sensex's gain of 5.25% during the same period.
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