Pudumjee Paper Products sees impressive stock performance, outperforms sector and benchmark index

Pudumjee Paper Products ., a smallcap company in the paper and paper products industry, has been making headlines with its recent stock performance. On November 5th, 2024, the company's stock gained 7.2%, closing at Rs 134.5. This positive movement has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock is currently trading close to its 52-week high of Rs 136.4, with a difference of only 1.41%. It has also outperformed the sector by 7.55% in today's trading session. This marks the sixth consecutive day of gains for Pudumjee Paper, with a total increase of 24.19% in this period. The stock's intraday high of Rs 134.5 is a significant 7.6% increase from its previous close.

Pudumjee Paper is also performing well in terms of its moving averages, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the stock.

In comparison to the Sensex, Pudumjee Paper has shown a 1-day performance of 6.76%, while the Sensex has shown a -0.06% performance. In the past month, Pudumjee Paper has outperformed the Sensex by 21.32%, with a 1-month performance of 21.32% compared to the Sensex's -3.62%.

Overall, Pudumjee Paper Products . is showing strong performance in the stock market, with positive movement and outperforming the sector and benchmark index. Investors may want to keep an eye on this smallcap company as it continues to make strides in the paper and paper products industry.