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

Shree Krishna Paper Mills & Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 4.99% in just one day, compared to a minimal drop of 0.09% in the Sensex. Over the past week, the stock has decreased by 4.53%, while the Sensex has only fallen by 0.22%.
In the last month, Shree Krishna Paper Mills has seen a staggering decline of 35.95%, significantly underperforming the Sensex, which is down just 2.38%. Year-to-date, the stock is down 15.25%, contrasting sharply with the Sensex's gain of 3.06%. The stock has also hit a new 52-week low of Rs. 32.02 today, reflecting a broader trend of underperformance against the sector, which has seen the stock lag by 4.54%.

Factors contributing to this selling pressure may include unfavorable market conditions and the stock's consistent trading below its moving averages across various time frames. The company's performance over the last three years shows a gain of 76.42%, but this is overshadowed by a 5-year performance of just 14.36% compared to the Sensex's impressive 109.89%.