Shree Krishna Paper Mills Faces Intense Selling Pressure Amid Continued Losses

Shree Krishna Paper Mills & Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of losses, as the stock has experienced two consecutive days of declines. In terms of performance, Shree Krishna Paper Mills has seen a 5.00% drop today, contrasting sharply with the Sensex, which has remained relatively stable with a mere 0.01% change. Over the past week, the stock has declined by 2.69%, while the Sensex has decreased by 0.97%. In the longer term, Shree Krishna Paper Mills has shown mixed results; it has gained 26.10% over the past year compared to the Sensex's 4.00% increase. However, its performance over the last five years lags behind the Sensex, with a 73.47% increase versus the Sensex's 131.11%. Today's trading saw the stock open with a 5% gain, reaching an intraday high of Rs 49.18. Despite this initial uptick, the stock has not shown significant movement since opening. The selling pressure may be attributed to broader market trends or sector-specific challenges, as the stock has outperformed its sector by 4.53% today.