Ganga Papers India's Stock Price Reaches All-Time High, Outperforming Sector and Sensex
Ganga Papers India, a microcap company in the paper and paper products industry, has seen a significant increase in its stock price, reaching a 52-week high of Rs. 173.49 on January 20, 2024. Despite a 'Sell' rating from MarketsMojo, the company has outperformed the sector and shown consistent growth, making it a potential player in the market.
Ganga Papers India, a microcap company in the paper and paper products industry, has been making headlines in the stock market recently. On January 20, 2024, the company's stock price reached a 52-week high of Rs. 173.49, which is also an all-time high for the company. This surge in stock price has caught the attention of investors and analysts alike.
According to MarketsMOJO, a leading stock market analysis platform, the stock call for Ganga Papers India is currently 'Sell'. However, the company's recent performance has been impressive, with the stock outperforming the sector by 4.22% and gaining for the last 9 consecutive days. In fact, in this period, the stock has risen by a whopping 105.78%.
Today, the stock opened with a gap up of 5% and touched an intraday high of Rs. 173.49. It has been trading at this price since then, indicating a strong hold in the market. Additionally, Ganga Papers India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for the company.
In the past year, Ganga Papers India has shown a remarkable performance with a 137.49% increase in its stock price, while the Sensex has only seen a 17.93% growth. This further highlights the company's potential and growth in the paper and paper products industry.
Overall, Ganga Papers India's recent surge in stock price and consistent performance in the market make it a company to watch out for in the microcap segment. However, it is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
