Stock of Interest

Posted On: August 31, 2023

Stock Report: UFLEX(NSE) 30 Aug 2023

Uflex Ltd is a packaging company. It is engaged in the manufacture and sale of flexible packaging products and offers a complete flexible packaging solution to customers. The company produces printed, laminated, metalized, co-extruded, coated, embossed, plain plastic films and Hologrammed sticker sheets. It is also involved in producing liquid inks, adhesives, and specialty coatings as well as rotogravure cylinders, flexo plates, and flexo printing sleeves which are used in the packaging process. The operating segments of the group are Flexible Packaging activities and Engineering activities. It generates maximum revenue from the Flexible Packaging activities segment. 

#xCalData predicts that # UFLEX will continue its bullish phase over the next five days and trend within the range of 422 to 529. 

In comparison to the previous month, the price of the stock has experienced an increase of 8.69% indicating a bullish.  

The Stock has doubled twice since 23 Mar 2015 and took an average of 1.2 years to double. 

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given positive returns in all previous years. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely Coppock Curve indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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