Prakash Woollen & Synthetic Mills Hits New Low Amid Broader Textile Sector Decline

Feb 28 2025 01:35 PM IST
share
Share Via
Prakash Woollen & Synthetic Mills, a microcap textile company, reached a new 52-week low today, despite outperforming the broader sector. After three days of decline, the stock showed signs of recovery but remains below key moving averages, reflecting ongoing market challenges and a significant year-over-year decline.
Prakash Woollen & Synthetic Mills, a microcap player in the textile industry, has experienced significant activity today, reaching a new 52-week low of Rs. 27. This decline marks a notable moment for the company, particularly as it has outperformed the broader textile sector, which has seen a decrease of 2.48%, by 2.89%.

After three consecutive days of decline, the stock has shown signs of a trend reversal, gaining traction today. However, it remains below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating ongoing challenges in its market performance.

Over the past year, Prakash Woollen & Synthetic Mills has faced a decline of 25.51%, contrasting sharply with the Sensex, which has recorded a modest gain of 1.27%. This performance highlights the company's current struggles within a competitive industry landscape. Investors and market watchers will be keen to observe how these trends evolve in the coming days.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News