Prince Pipes & Fittings Faces Significant Volatility Amid Ongoing Market Challenges

Feb 12 2025 09:38 AM IST
share
Share Via
Prince Pipes & Fittings has faced notable volatility, hitting a new 52-week low amid a significant decline over the past four days. The stock has underperformed its sector and is trading below key moving averages, reflecting ongoing challenges in the plastic products industry and a steep year-over-year decline.
Prince Pipes & Fittings has experienced significant volatility today, reaching a new 52-week low of Rs. 310.5. This marks a notable decline as the stock has underperformed its sector by 7.55%. Over the past four days, the stock has seen a consecutive fall, resulting in an overall decline of 18.09%.

Today, the stock opened with a gap down of 5.15%, reflecting ongoing bearish sentiment. During intraday trading, it touched a low of Rs. 310.5, representing a drop of 9.37% from the previous close.

In terms of technical indicators, Prince Pipes is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market position. Over the past year, the stock has faced a steep decline of 49.42%, contrasting sharply with the Sensex, which has gained 6.65% during the same period. This performance highlights the ongoing struggles faced by the company within the plastic products industry.
{{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