Shree Krishna Paper Mills Faces Intense Selling Pressure Amid Consecutive Losses

Mar 21 2025 09:35 AM IST
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Shree Krishna Paper Mills & Industries Ltd is experiencing notable selling pressure, with the stock declining significantly today amid a challenging trading environment. Despite recent losses, the stock has shown resilience over the past year, outperforming the Sensex, though its five-year performance lags behind the index.
Shree Krishna Paper Mills & Industries Ltd is currently facing significant selling pressure, with only sellers active in the market today. The stock has recorded consecutive days of losses, reflecting a challenging trading environment. Today, it has declined by 4.99%, contrasting sharply with the Sensex, which has shown a modest gain of 0.06%.

Over the past week, Shree Krishna Paper Mills has experienced a slight decrease of 0.25%, while the Sensex has risen by 3.47%. In the longer term, the stock has shown resilience, with a 26.72% increase over the past year compared to the Sensex's 5.16% rise. However, its performance over the last five years reveals a stark divergence, with the stock gaining 75.35% against the Sensex's 155.35%.

Today's trading saw the stock open at Rs 47.52, reaching an intraday high of the same price, indicating erratic trading patterns, as it did not trade on two days out of the last 20. Despite this, Shree Krishna Paper Mills is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a complex market position amid the selling pressure.
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