HCP Plastene Faces Significant Volatility Amidst Persistent Downward Trend in October 2023

Feb 13 2025 03:35 PM IST
share
Share Via
HCP Plastene Bulkpack, a microcap in the packaging sector, has faced significant volatility, hitting a new 52-week low. The stock has underperformed its sector and declined substantially over the past year, trading below key moving averages, indicating ongoing challenges in the market.
HCP Plastene Bulkpack, a microcap player in the packaging industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 124.3. This decline marks a notable downturn, as the stock opened with a gap down of 5.56% and further dipped to an intraday low of Rs. 124.3, reflecting a decrease of 7.2% during the trading session.

In terms of performance metrics, HCP Plastene has underperformed its sector by 4.77%, highlighting challenges in maintaining competitive positioning. Over the past year, the stock has seen a substantial decline of 36.50%, contrasting sharply with the Sensex, which has gained 6.41% in the same period.

Additionally, HCP Plastene is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These factors collectively underscore the stock's current struggles within the broader market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Odigma Consultan falling/rising?
2 hours ago
share
Share Via
Why is Premium Plast falling/rising?
2 hours ago
share
Share Via
Why is Afcons Infrastr. falling/rising?
2 hours ago
share
Share Via
Why is Bikewo Green falling/rising?
2 hours ago
share
Share Via
Why is Quest Laborato. falling/rising?
2 hours ago
share
Share Via
Why is Kataria Indust. falling/rising?
2 hours ago
share
Share Via
Why is Vishwas Agri falling/rising?
2 hours ago
share
Share Via