Sah Polymers Hits 52-Week Low, Underperforming Sector by -2.04%

Aug 06 2024 03:35 PM IST
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Sah Polymers, a microcap company in the packaging industry, has been underperforming the sector by -2.04% and has hit a 52-week low on August 6th, 2024. The stock has been on a downward trend for the past three days, with a decrease of -7.59% in returns. According to MarketsMojo, the stock call for Sah Polymers is 'Strong Sell' based on its 1-year performance of -21.14%.

Sah Polymers, a microcap company in the packaging industry, has recently hit a 52-week low on August 6th, 2024. The stock has been underperforming the sector by -2.04% and has been on a downward trend for the past three days, with a decrease of -7.59% in returns during this period.

On the day of the 52-week low, the stock reached a low of Rs.71.55, while the intraday high was Rs.83, showing a high volatility of 9.63%. The stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Sah Polymers is 'Strong Sell'. This is based on the company's 1-year performance of -21.14%, which is significantly lower than the Sensex's performance of 19.59% during the same period.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Sah Polymers or its stock. As a microcap company, Sah Polymers may be more susceptible to market fluctuations and investors should do their own research before making any investment decisions.
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