Shree Krishna Paper Mills Faces Increased Selling Pressure Amidst Consecutive 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 consecutive days of losses, as the stock has declined by 0.51% in the last trading session, underperforming the Sensex, which gained 0.45%. Over the past week, Shree Krishna Paper Mills has seen a total decline of 1.49%, while the Sensex fell by only 0.33%.
Despite a positive performance over the past month, where the stock rose by 10.02%, its three-month performance of 6.68% lags behind the Sensex's 10.36%. Year-to-date, the stock has performed well with a 28.14% increase, significantly outpacing the Sensex's 4.13%. However, over longer periods, such as five years, Shree Krishna Paper Mills has underperformed the Sensex, which has risen by 137.31% compared to the stock's 70.76%.

The stock has exhibited erratic trading patterns, not trading on three days out of the last 20. Currently, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength despite the recent selling pressure.