Huhtamaki India Hits 52-Week Low Amidst Ongoing Market Challenges

Jan 13 2025 09:36 AM IST
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Huhtamaki India has reached a new 52-week low, experiencing a notable decline over the past four days. The stock is trading below multiple moving averages, indicating a bearish trend. Over the past year, it has faced a significant drop, contrasting with the overall market performance.
Huhtamaki India has recently reached a new 52-week low of Rs. 247.65, marking a significant downturn for the small-cap packaging company. The stock has seen a consecutive decline over the past four days, totaling a drop of 6.22%. On the day it hit this low, Huhtamaki India outperformed its sector by 0.73%, despite an intraday decrease of 2.69%.

Currently, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, Huhtamaki India has faced a decline of 23.25%, in stark contrast to the Sensex, which has gained 5.86% during the same period. This performance reflects the challenges the company is navigating in the current market environment.
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