Recent Price Movement and Market Context
On the day in question, TPL Plastech hit a new 52-week low of ₹60.79, marking a fresh nadir for the stock. The share price has been on a consistent slide, registering losses for seven consecutive sessions and falling nearly 10% during this period. This underperformance is stark when compared to the broader Sensex, which declined by only 0.39% over the past week. The stock’s one-month return of -9.08% also significantly lags behind the Sensex’s -3.74% for the same timeframe, underscoring the relative weakness of TPL Plastech’s shares.
Moreover, the year-to-date performance of the stock stands at a decline of 9.75%, more than double the Sensex’s 3.95% fall. Over the past year, the stock has suffered a steep 29.10% loss, contrastin...
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