HCP Plastene Hits 52-Week Low Amidst Persistent Bearish Market Trends

Jan 17 2025 11:05 AM IST
share
Share Via
HCP Plastene Bulkpack has hit a new 52-week low, with its stock price declining significantly after three days of gains. Over the past year, the stock has struggled, showing a notable decrease while the broader market has risen. It is currently trading below multiple moving averages, indicating ongoing challenges.
HCP Plastene Bulkpack, a microcap player in the packaging industry, has reached a new 52-week low today, with its stock price falling to Rs. 140.05. This decline of 7.34% during intraday trading marks a significant reversal after three consecutive days of gains. Over the past year, the stock has faced considerable challenges, down 24.85%, while the broader Sensex has increased by 6.72%.

Currently, HCP Plastene's stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. The company's performance today reflects an underperformance of 5.63% compared to its sector, underscoring the difficulties it is encountering in the market.
{{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