Supreme Industries Stock Declines by -3.73% in Line with Sector Performance

Supreme Industries, a leading player in the plastic products industry, saw a decline of -3.73% in its stock on November 4th, 2024. This drop was in line with the overall performance of the sector, as the company underperformed by -1.78%. The stock touched an intraday low of Rs 4165, a decrease of -4.25%. According to MarketsMOJO, a leading stock analysis platform, the current recommendation for Supreme Industries is 'Hold'. This is based on the company's recent performance and market trends. In terms of moving averages, Supreme Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a downward trend in the stock's performance. On a broader scale, the one-day performance of Supreme Industries was -3.54%, while the Sensex, India's benchmark index, saw a decline of -0.89%. Similarly, the one-month performance of Supreme Industries was -20.47%, while the Sensex saw a decline of -3.27%. It is important to note that this article is based on factual information and does not include any external data or sources. As a largecap company in the plastic products industry, Supreme Industries continues to be a key player in the market. Investors are advised to keep a close eye on the company's performance and market trends before making any investment decisions.