Shree Krishna Paper Mills Hits All-Time High of Rs. 108.1, Surges 170.25% in One Month

Shree Krishna Paper Mills & Industries Ltd is currently witnessing significant buying activity, with the stock gaining 1.99% today, outperforming the Sensex, which rose by 0.58%. Over the past week, the stock has surged by 23.94%, while the Sensex recorded a modest increase of 0.90%. Notably, Shree Krishna Paper Mills has demonstrated remarkable performance over the last month, with a staggering 170.25% increase compared to the Sensex's 0.88%.
The stock has been on a consistent upward trajectory, achieving consecutive gains for the last 21 days, reflecting a robust return of 170.25% during this period. Today, it reached a new 52-week and all-time high of Rs. 108.1, indicating strong market momentum. The stock has also outperformed its sector by 1.24%.

Factors contributing to this buying pressure may include favorable market conditions and positive sentiment surrounding the paper, forest, and jute products industry. Additionally, Shree Krishna Paper Mills is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its strong performance relative to broader market trends.