Shree Krishna Paper Mills Faces Intense Selling Pressure Amid Significant Price Declines

Aug 04 2025 01:05 PM IST
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Shree Krishna Paper Mills & Industries Ltd is experiencing significant selling pressure, marked by consecutive losses and a notable decline in stock value. The company has underperformed compared to the Sensex, reaching a new 52-week low and trading below key moving averages, reflecting ongoing challenges in the market.
Shree Krishna Paper Mills & Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has recorded consecutive days of losses, with a notable decline of 10.42% in just one day. Over the past week, the stock has dropped 15.14%, and its performance over the last month reveals a staggering 28.38% decrease.

In comparison to the Sensex, which has shown a modest gain of 0.51% today, Shree Krishna Paper Mills has significantly underperformed. The stock's year-to-date performance stands at a decline of 9.03%, while the Sensex has gained 3.67% during the same period.

Today's trading saw the stock open with a gap down of 6.18%, reaching a new 52-week low of Rs. 34.37. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Factors contributing to this selling pressure may include broader market conditions and sector-specific challenges within the paper, forest, and jute products industry.
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