Raj Packaging Industries' Stock Hits 52-Week Low, Receives 'Strong Sell' Call

Mar 12 2024 11:05 AM IST
share
Share Via
Raj Packaging Industries, a microcap company in the packaging industry, has seen a decline in its stock price, reaching a 52-week low of Rs 26.21 on March 12, 2024. The stock is currently trading at 2.38% above its low, but has underperformed the sector and market in the past year. Investors should carefully assess the company's financials and market trends before making any investment decisions.

Raj Packaging Industries, a microcap company in the packaging industry, has recently seen a decline in its stock price. On March 12, 2024, the company's stock touched a 52-week low of Rs 26.21. This has led to a 'Strong Sell' call by MarketsMOJO.

Currently, the stock is trading at 2.38% above its 52-week low, but it has underperformed the sector by -0.4% today. The company's stock is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Raj Packaging Industries has seen a negative performance of -48.15%, while the Sensex has shown a positive performance of 24.62%. This indicates that the company's stock has not been able to keep up with the overall market performance.

As a microcap company in the packaging industry, Raj Packaging Industries may face challenges in the current market conditions. Investors should carefully consider the company's financials and market trends before making any investment decisions. This is not a recommendation to buy or sell the stock, but rather a fact-based analysis of the current situation.
{{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
Most Read
Why is Krishna Defence falling/rising?
9 seconds ago
share
Share Via
Why is Electronics Mart falling/rising?
14 seconds ago
share
Share Via
Why is Bharti Airtel PP falling/rising?
46 seconds ago
share
Share Via
Why is PB Fintech. falling/rising?
1 minute ago
share
Share Via
Why is GHV Infra falling/rising?
1 minute ago
share
Share Via
Why is Sona BLW Precis. falling/rising?
1 minute ago
share
Share Via
Why is Octavius Plant. falling/rising?
1 minute ago
share
Share Via