Jindal Poly Films Experiences Notable Revision in Score Amid Recent Market Challenges

Jan 10 2025 03:35 PM IST
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Jindal Poly Films has recently undergone a notable revision in its score following a challenging performance period. The stock has faced consecutive declines and underperformed its sector, prompting its addition to MarketsMojo's list. Investors will be closely monitoring the company's ability to recover and improve its market standing.
Jindal Poly Films, a small-cap player in the plastic products industry, has recently experienced a notable adjustment in its evaluation. The stock has faced challenges, losing 7.3% on January 10, 2025, and underperforming its sector by 4.53%. Over the past two days, Jindal Poly Films has seen a consecutive decline, with returns dropping by 9.12% during this period.

The stock's performance has been particularly concerning, as it touched an intraday low of Rs 863.5, reflecting a decrease of 6.65%. While the stock remains above its 100-day and 200-day moving averages, it is currently trailing behind its 5-day, 20-day, and 50-day moving averages, indicating a shift in momentum.

In light of these developments, Jindal Poly Films has been added to MarketsMOJO's list, signaling a revision in its score. Investors and market watchers will be keen to observe how the company navigates these recent challenges and its overall market position moving forward.
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