Supreme Industries Faces Significant Market Challenges Amid Declining Stock Performance

Supreme Industries, a prominent player in the plastic products sector, experienced a notable decline of 3.39% on March 4, 2025. The stock opened lower, reflecting a loss of 3.41% and reached an intraday low of Rs 3401.05. Currently, it is trading 3.62% above its 52-week low of Rs 3286.25, indicating a challenging market position.
In terms of performance metrics, Supreme Industries has underperformed compared to the broader market, with a 1-day decline of 3.44% against the Sensex's drop of 0.23%. Over the past week, the stock has decreased by 5.08%, while the Sensex fell by 2.26%. The longer-term outlook shows a significant decline of 27.60% over the past three months and 27.80% year-to-date, contrasting with the Sensex's respective losses of 9.93% and 6.69%.

Additionally, Supreme Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a bearish trend. Despite its historical performance over three, five, and ten years showing substantial growth, recent trends indicate a challenging environment for the company.