Huhtamaki India, a small-cap player in the packaging industry, has experienced significant volatility in its stock performance today. The stock is currently trading just 1.01% above its 52-week low of Rs 211.1, which it reached on January 29, 2025. Despite opening with a gain of 3.07%, the stock has underperformed its sector, declining by 3.64% throughout the day.
Over the past nine consecutive trading sessions, Huhtamaki India has seen a notable drop of 17.18%, reflecting ongoing challenges for the company. The stock's intraday high reached Rs 221.85, marking a 3.19% increase at its peak. However, it remains below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.
In contrast, the packaging sector as a whole has shown resilience, gaining 2.87% today. Over the past year, Huhtamaki India has faced a steep decline of 38.29%, significantly lagging behind the Sensex, which has posted a positive return of 6.38%.