Nahar Polyfilms Hits 52-Week Low, Rated as 'Sell' by MarketsMOJO
Nahar Polyfilms, a microcap company in the textile industry, has hit a 52-week low on February 12, 2024 and is currently rated as a 'Sell' by MarketsMojo. The stock has been underperforming the sector by -7.73% and has shown a downward trend in the past 8 days with a fall of -16.56% in returns. It is currently trading below its moving averages and has shown a negative 1-year performance compared to the Sensex. Investors should conduct their own research before making any investment decisions.
Nahar Polyfilms, a microcap company in the textile industry, has recently hit a 52-week low on February 12, 2024. According to MarketsMOJO, the stock is currently rated as a 'Sell'. The stock opened today with a loss of -3.04% and has been underperforming the sector by -7.73%.
In the past 8 days, Nahar Polyfilms has been on a downward trend, with a fall of -16.56% in returns. Today, the stock touched an intraday low of Rs 194.9, which is a decrease of -8.78%. The stock has also shown high volatility, with an intraday volatility of 5.64% calculated from the weighted average price.
Nahar Polyfilms is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's performance.
In comparison to the Sensex, Nahar Polyfilms has shown a negative 1-year performance of -21.75%, while the Sensex has shown a positive performance of 17.55%.
It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Nahar Polyfilms. Investors should conduct their own research and analysis before making any investment decisions.
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