Leading Packaging Company Huhtamaki India Hits 52-Week Low, MarketsMOJO Gives 'Sell' Call

Nov 18 2024 10:05 AM IST
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Huhtamaki India, a leading packaging company, has hit a 52-week low on November 18, 2024, according to MarketsMojo. The stock has underperformed the sector by -2.45% and has been on a consecutive fall for the last four days, with a -8.03% decrease. It is currently trading below its moving averages.

Huhtamaki India, a leading packaging company in the smallcap industry, has recently hit a 52-week low on November 18, 2024. This news has been confirmed by MarketsMOJO, who has given a 'Sell' call for the stock.

The stock's price summary shows that it has underperformed the sector by -2.45% and has been on a consecutive fall for the last four days. In this period, the stock has fallen by -8.03%. Today, the stock touched an intraday low of Rs 261.65, which is a decrease of -3.09%.

Huhtamaki India's performance in the past year has been -14.20%, while the Sensex has shown a positive performance of 17.51%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

This news may be concerning for investors, but it is important to note that this is just one aspect of the company's performance. It is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.
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