Pudumjee Paper Products Ltd Faces Intense Selling Pressure Amid Consecutive Losses

Apr 28 2025 10:35 AM IST
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Pudumjee Paper Products Ltd is experiencing notable selling pressure, with the stock declining for four consecutive days and reporting a drop today. Despite a strong one-year gain, its year-to-date performance has been negative. The stock's trading levels indicate a shift in market sentiment amid mixed performance trends.
Pudumjee Paper Products Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past four days, resulting in a total decline of 7.98%. Today, Pudumjee Paper Products Ltd reported a performance drop of 1.99%, contrasting sharply with the Sensex, which gained 0.96%.

Over the past week, the stock has declined by 4.28%, while the Sensex has risen by 0.71%. In the longer term, Pudumjee Paper Products has shown mixed performance; despite a strong one-year gain of 52.95%, it has underperformed year-to-date with a decline of 36.35%.

The price summary indicates that the stock opened at 114.1 and has remained at this level throughout the trading session. Additionally, while the stock is trading above its 20-day and 50-day moving averages, it is below its 5-day, 100-day, and 200-day moving averages. This trend suggests a potential shift in market sentiment, contributing to the ongoing selling pressure.
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