Jindal Poly Films Ltd Drops 3.62% Amid 10-Day Slide and Intraday Rebound

Jan 19: Stock Hits 52-Week Low Amid Persistent Downtrend

Jindal Poly Films Ltd opened the week on a weak note, declining 0.63% to Rs.396.50, marking a fresh 52-week low. This drop extended an eight-day losing streak, with the stock shedding 17.29% over that period. The decline was sharper than the Sensex’s 0.49% fall to 36,650.97, signalling company-specific pressures. The stock traded below all key moving averages, reflecting sustained bearish momentum. Financially, the company has been grappling with shrinking sales and profitability, with net sales down 20.34% year-on-year for the nine months ended September 2025 and a loss of Rs.44.57 crores in PAT. Rising interest expenses, up 50.42% to Rs.238.10 crores, further strained earnings.

Jan 20: Continued Decline to New 52-Week Low of Rs.379.85

The downtrend deepened on 20 January as the stock fell 4.20% to Rs.379.85, setting another 52-week low. This marked the ninth consecutive session of losses, with the stock underperforming its packaging sector peers by 1.02%. The Sensex also declined sharply by 1.82% to 35,984.65, but Jindal Poly Films’ steeper fall highlighted company-specific concerns. The stock’s technical position remained weak, trading below all major moving averages. The company’s financial results continued to weigh on sentiment, with operating profit contracting at an annualised rate of -150.30% over five years and negative earnings for two consecutive quarters.

Jan 21: Stock Falls to Rs.366.05, Marking Tenth Consecutive Day of Losses

On 21 January, the stock continued its slide, closing at Rs.366.05, down 3.63%. This represented a 22.11% loss over ten trading days. Despite the decline, the stock marginally outperformed the Plastic Products sector, which fell 2.26% on the day. The Sensex declined 0.47% to 35,815.26, continuing its three-week losing streak. The stock remained below all key moving averages, underscoring persistent bearish sentiment. The company’s financials remained under pressure, with a 20.34% decline in net sales and a loss-making PAT of Rs.44.57 crores for the nine months ended September 2025. Interest expenses surged 50.42%, exacerbating profitability challenges.

Jan 22: Intraday Surge of 7.5% After Hitting 52-Week Low of Rs.359.9

Jindal Poly Films Ltd staged a notable intraday recovery on 22 January, surging 7.5% to an intraday high of Rs.391.9 after hitting a fresh 52-week low of Rs.359.9. The stock closed at Rs.402.75, up 10.03% on the day, outperforming both its packaging sector and the Sensex, which gained 0.76%. This rally ended a ten-day losing streak and was driven by bargain hunting and technical rebound. Despite this sharp bounce, the stock remained below all major moving averages, indicating that the broader downtrend was intact. The broader market showed mixed signals, with mid-cap stocks leading gains. The company’s financial challenges, including a 53.53% decline in stock price over the past year and deteriorating earnings, continue to weigh on sentiment.

Jan 23: Week Closes at Rs.384.55, Down 4.52% on the Day

The week ended with the stock retreating 4.52% to Rs.384.55 on 23 January, underperforming the Sensex’s 1.33% decline to 35,609.90. The stock’s volatility reflected ongoing uncertainty amid weak fundamentals. Despite the intraday rebound the previous day, the broader downtrend persisted. The company’s financials remain challenged, with a negative PAT and rising interest costs. The stock’s Mojo Grade remains at Strong Sell with a low Mojo Score of 15.0, reflecting cautious market sentiment. Domestic mutual funds hold no stake in the company, underscoring limited institutional confidence.

Key Takeaways from the Week

Persistent Downtrend: The stock endured a ten-day losing streak, hitting multiple 52-week lows and underperforming the Sensex and sector indices consistently.

Financial Struggles: Declining net sales by 20.34% and a loss-making PAT of Rs.44.57 crores over nine months highlight ongoing operational challenges. Rising interest expenses by over 50% add to profitability pressures.

Technical Weakness: Trading below all major moving averages throughout the week signals sustained bearish momentum and limited near-term recovery prospects.

Intraday Rebound: The 7.5% surge on 22 January marked a short-term technical bounce, though the broader trend remains negative.

Market Sentiment: The downgrade to a Strong Sell rating with a low Mojo Score of 15.0 and absence of domestic mutual fund holdings reflect cautious institutional sentiment.

Conclusion

Jindal Poly Films Ltd’s stock performance during the week of 19-23 January 2026 was marked by significant volatility and a prevailing downtrend. Despite a sharp intraday rally on 22 January, the stock closed the week lower by 3.62%, underperforming the Sensex. The company’s deteriorating financial metrics, including declining sales, negative earnings, and rising interest costs, continue to weigh heavily on investor confidence. Technical indicators remain weak, and institutional interest is limited, as reflected in the Strong Sell rating and lack of mutual fund participation. While the intraday rebound offers a glimpse of potential short-term relief, the overall outlook remains subdued amid ongoing operational and market challenges.

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