Pudumjee Paper Products sees 9.29% stock gain, outperforms sector by 8.05%

Pudumjee Paper Products ., a smallcap company in the paper and paper products industry, has seen a positive trend in its stock performance on October 9th, 2024. The stock gained 9.29%, outperforming the sector by 8.05%. This marks the second consecutive day of gains for the company, with a total rise of 14.18% in the past two days.

The stock also saw high volatility, with an intraday volatility of 5.38%, calculated from the weighted average price. Pudumjee Paper is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In the paper and paper products sector, Pudumjee Paper's performance has been in line with the overall sector, which has gained 2% on the same day. However, the company's one-day performance of 11.76% has outperformed the Sensex's performance of 0.30%, and its one-month performance of 1.12% has also outperformed the Sensex's performance of 0.40%.

Based on these factors, MarketsMOJO has given a 'Hold' call for Pudumjee Paper Products ., indicating a neutral stance on the stock. As a smallcap company in the paper and paper products industry, Pudumjee Paper's performance will continue to be closely monitored by investors.