Supreme Industries Stock Crashes 7% After JPMorgan Cuts Its Target Price; Check the Details
India, June 29 -- The shares of this company are one of India's leading plastic product manufacturers, offering a wide and comprehensive range of plastic products in India are in the spotlight after it fell by 7 per cent in today's market session following the target price which was given by JP Morgan.
With a market capitalisation of Rs. 40,559 cr, the shares of Supreme Industries Ltd were trading at Rs. 3193, down by 7% in today's session, making a low of Rs. 3,177.20, down from its previous close of Rs. 3,423.90 per share. The stock has declined by 27% over the past year, is down 8% year-to-date, has fallen 2% in the last six months, and slipped 10% in the past month.
JP Morgan Commentary
JPMorgan has downgraded Supreme Industries t...
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