Jindal Poly Films Sees Trend Reversal Amid Broader Market Gains
Jindal Poly Films experienced notable trading activity on May 12, 2025, reversing a two-day decline with a significant intraday high. The stock is currently above its short-term moving averages, while the broader Plastic Products sector and the Sensex also reported gains, highlighting a positive market trend.
Jindal Poly Films has shown significant activity today, gaining 7.17% on May 12, 2025. This performance marks a trend reversal for the stock, which had experienced two consecutive days of decline prior to today. The stock reached an intraday high of Rs 669.15, reflecting an increase of 8.65% during the trading session. In terms of moving averages, Jindal Poly Films is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. The broader Plastic Products sector also saw gains, increasing by 4% today.
In the context of the overall market, the Sensex has risen sharply, opening 1,349.33 points higher and climbing to 81,750.80, a 2.89% increase. Small-cap stocks are leading the market, with the BSE Small Cap index gaining 3.76%.
Over the past year, Jindal Poly Films has outperformed the Sensex, with a 27.28% increase compared to the Sensex's 12.50%. However, its year-to-date performance shows a decline of 29.15%, contrasting with the Sensex's gain of 4.62%.
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