Mold-Tek Packaging Hits 52-Week Low Amid Sustained Stock Decline and Sector Underperformance

Jan 14 2025 10:05 AM IST
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Mold-Tek Packaging has reached a new 52-week low, with its stock price declining significantly. The company has underperformed its sector and experienced a 13.01% drop in returns over the past week. Additionally, it has seen a 33.89% decrease in performance over the past year.
Mold-Tek Packaging, a small-cap player in the plastic products industry, has reached a new 52-week low, with its stock price hitting Rs. 571.1 on January 14, 2025. This decline represents a significant downturn for the company, which has underperformed its sector by 1.39% today. Over the past week, Mold-Tek Packaging has seen a consecutive fall, resulting in a total decline of 13.01% in returns.

The company's performance over the past year has also been challenging, with a decrease of 33.89%, contrasting sharply with the Sensex, which has gained 5.53% during the same period. Furthermore, Mold-Tek Packaging is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend in its stock performance.
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