Shree Krishna Paper Mills Hits All-Time High, Surges 2% Today Amid Strong Buying Activity

Shree Krishna Paper Mills & Industries Ltd is currently witnessing significant buying activity, marking a notable performance in the paper, forest, and jute products sector. The stock has shown a remarkable consecutive gain over the last 21 days, with an impressive increase of 162.52% during this period. Today, the stock rose by 2.00%, outperforming the Sensex, which recorded a gain of 0.56%.
In terms of price performance, Shree Krishna Paper Mills opened with a gap up of 2% and reached an intraday high of Rs. 110.26, which also represents a new 52-week and all-time high for the stock. Over the past month, the stock has surged by 162.52%, significantly outpacing the Sensex's modest gain of 0.83%.

The strong buying pressure could be attributed to various factors, including positive market sentiment and robust performance metrics. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Overall, Shree Krishna Paper Mills & Industries Ltd continues to demonstrate exceptional performance relative to the broader market.