Prince Pipes & Fittings Hits 52-Week Low Amid Sustained Decline

Dec 27 2024 11:05 AM IST
share
Share Via
Prince Pipes & Fittings has recently undergone a revision in its score, reflecting ongoing challenges in the construction materials sector. The stock has been added to MarketsMojo's list amid a significant downturn, having reached a new 52-week low and underperformed against its sector. Investors are advised to stay vigilant.
Prince Pipes & Fittings, a small-cap player in the construction materials sector, has recently reached a new 52-week low, with shares trading at Rs. 394.1 as of December 27, 2024. This decline marks a significant downturn for the company, which has experienced a consecutive fall over the past nine trading sessions, resulting in a total drop of 6.86% during this period.

In terms of market performance, Prince Pipes has notably underperformed its sector, lagging behind by 1.39% on the day of the latest price movement. Over the past year, the company's stock has seen a substantial decline of 45.90%, contrasting sharply with the Sensex, which has recorded a positive performance of 9.52% during the same timeframe.

Additionally, the stock is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a challenging market position for the company. As the construction materials industry continues to evolve, Prince Pipes & Fittings faces significant hurdles in regaining its footing.
{{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