Pakka Faces Continued Stock Decline Amid Broader Market Stability Challenges

Pakka, a small-cap player in the Paper & Paper Products industry, has experienced significant volatility in its stock performance. On February 10, 2025, the stock declined by 8.06%, underperforming its sector by 5.33%. This marks the third consecutive day of losses for Pakka, with a total decline of 9.89% over this period. The stock opened lower today, with an initial drop of 2.17%, and reached an intraday low of Rs 235.05, reflecting a decrease of 5.72%. In terms of moving averages, Pakka is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past month, Pakka has seen a substantial decline of 25.20%, contrasting sharply with the Sensex, which has shown a modest increase of 0.12%. These performance indicators highlight the challenges faced by Pakka in the current market environment, as it continues to grapple with downward pressure on its stock price.