Polson Stock Hits 52-Week Low Amid Broader Chemicals Sector Challenges

Feb 11 2025 11:05 AM IST
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Polson, a microcap in the chemicals sector, has faced significant volatility, hitting a new 52-week low. The stock has underperformed its peers and the broader market, with a notable decline over the past year. It is currently trading below key moving averages, indicating ongoing challenges.
Polson, a microcap player in the chemicals industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 11,600. This decline marks a notable underperformance, as the stock has fallen by 6.42% compared to its sector peers. Opening the day with a gap down of 3.47%, Polson's intraday trading saw it touch a low of Rs. 11,600, reflecting an 8.3% drop at its lowest point.

The stock's performance over the past year has been challenging, with a decline of 15.94%, contrasting sharply with the Sensex, which has gained 7.46% during the same period. Additionally, Polson is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. The broader chemicals sector has also faced pressure, with a decrease of 2.12%. These metrics highlight the ongoing challenges faced by Polson in a competitive market environment.
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