Shree Ajit Pulp and Paper Hits New 52-Week High of Rs. 274.95
Shree Ajit Pulp and Paper has achieved a new 52-week high, reflecting a strong performance after a period of decline. The stock has outperformed its sector and delivered significant returns over the past year, alongside a notable increase in net profit. Technical indicators suggest a robust upward trend.
Shree Ajit Pulp and Paper has reached a significant milestone by hitting a new 52-week high of Rs. 274.95 today, marking a notable increase of 14.49% during intraday trading. This achievement comes after the stock outperformed its sector by 6.78%, indicating a positive shift in its performance after six consecutive days of decline. The stock opened with a substantial gain of 7.33%, reflecting strong market activity. Over the past year, Shree Ajit Pulp and Paper has delivered a return of 16.60%, significantly outpacing the Sensex, which has seen a return of 8.55%. The company has also demonstrated impressive financial growth, with a net profit increase of 76.31% reported in its latest results.
In terms of technical indicators, Shree Ajit Pulp and Paper is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend. Despite some challenges, including a high Debt to EBITDA ratio of 4.47 times, the company maintains an attractive valuation compared to its peers.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
