Astron Paper & Board Mill Ltd Hits 52-Week Low, Underperforming in Market

Astron Paper & Board Mill Ltd, a microcap company in the paper and paper products industry, has recently hit a 52-week low on October 23, 2024. The stock has been underperforming in the market, with a 'Strong Sell' call by MarketsMOJO.

The stock price of Astron Paper & Board Mill Ltd has reached a new low of Rs.18.9, with a -4.55% underperformance compared to the sector. The stock has been on a downward trend for the past three days, with a -8.98% return during this period. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Astron Paper & Board Mill Ltd has shown a negative performance of -33.68%, while the Sensex has seen a positive growth of 24.54%. This indicates a significant underperformance by the company in comparison to the overall market.

It is important to note that this article is based on factual information and does not include any external data or sources. The purpose is to provide a neutral and informative overview of the current state of Astron Paper & Board Mill Ltd's stock performance. As a microcap company, it is crucial for investors to carefully consider the company's financials and market trends before making any investment decisions.