India's Polyplex Corp hits over 1-1/2 years low

Polyplex

28/02/2023 07:00

** Shares of packaging film products maker Polyplex
Corporation Ltd  PLYP.NS  fall as much as 2.71% to 1,370 rupees,
lowest since Aug. 23, 2021
    ** Stock's relative strength index at 35.5, close to the
oversold territory of 30
    ** Moving average convergence divergence (MACD) line is
below the signal line, suggesting bearish bias on the stock
    ** Stock trading below 50-, 100-, and 200-day moving
averages
    ** Stock was down 11.8% last year, snapping three years of
gains 


 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))