Astron Paper & Board Mill Ltd Achieves Notable Market Resilience Amid Sector Trends

Apr 23 2025 10:01 AM IST
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Astron Paper & Board Mill Ltd experienced notable trading activity today, reaching its upper circuit limit. The stock's performance surpassed sector and market averages, with significant trading volume and turnover. Despite a decline in delivery volume, it remains above several moving averages, indicating resilience in current market conditions.
Astron Paper & Board Mill Ltd, a microcap player in the Paper & Paper Products industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 13.62, reflecting a change of Rs 0.64, or an increase of 4.93%. This performance outpaced the sector's average return of 0.45% and the Sensex's return of 0.58%, marking a notable achievement for the company.

The stock's trading volume today was approximately 0.30057 lakh shares, resulting in a turnover of Rs 0.0399 crore. The price band for Astron Paper is set at 5%, indicating a robust trading environment. Despite a decline in delivery volume, which fell by 37.96% compared to the five-day average, the stock remains above its 5-day, 20-day, and 50-day moving averages, although it is lower than the 100-day and 200-day moving averages.

Overall, Astron Paper & Board Mill Ltd's performance today highlights its resilience in the market, with a 1D return of 4.33%, showcasing its ability to navigate current market conditions effectively.
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