JK Paper Shows Resilience Amid Broader Market Gains and Sector Performance

Mar 24 2025 11:05 AM IST
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JK Paper has demonstrated notable performance, gaining 5.73% on March 24, 2025, and outperforming its sector. Over the past five days, the stock has risen 13.8%. While it is above its short-term moving averages, it remains below longer-term averages, reflecting mixed performance amid a rising broader market.
JK Paper has shown significant activity today, gaining 5.73% on March 24, 2025. The stock has outperformed its sector, which saw a gain of 2.03%, by 2.76%. Over the past five days, JK Paper has experienced a consecutive gain, rising 13.8% during this period. The stock reached an intraday high of Rs 332.8, reflecting a 4.82% increase.

In terms of moving averages, JK Paper is currently above its 5-day and 20-day moving averages but remains below its 50-day, 100-day, and 200-day moving averages. This indicates a mixed performance in the short to medium term.

In the broader market, the Sensex has continued its upward trend, climbing 334.62 points to reach 77,790.89, marking a 1.15% increase. The index has gained 6.27% over the past three weeks, with small-cap stocks leading the market today, as evidenced by a 1.47% increase in the BSE Small Cap index.

Overall, JK Paper's recent performance highlights its resilience in a fluctuating market environment.
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