JK Paper Faces Significant Volatility Amidst Ongoing Market Struggles

Feb 24 2025 09:35 AM IST
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JK Paper has faced significant volatility, hitting a new 52-week low and underperforming its sector. The stock has declined consecutively over two days and is trading below multiple moving averages, indicating a bearish trend. Over the past year, it has experienced a notable decline compared to the Sensex.
JK Paper, a midcap player in the Paper & Paper Products industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 289.4. This decline marks a notable performance dip, as the stock has underperformed its sector by 0.57%. Over the past two days, JK Paper has seen a consecutive fall, with returns decreasing by 3.08%.

The stock's intraday activity included a low of Rs. 289.4, reflecting a decrease of 2.13% during the trading session. Additionally, JK Paper is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its short to long-term performance.

Over the past year, JK Paper has faced challenges, with a decline of 24.00%, contrasting sharply with the Sensex, which has shown a positive performance of 2.21%. These metrics highlight the ongoing struggles faced by JK Paper in the current market landscape.
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