Shree Krishna Paper Mills Hits All-Time High with 5% Surge, Up 159.14% in a Month

Shree Krishna Paper Mills & Industries Ltd is currently witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose by only 0.18%. Over the past week, the stock has surged by 27.58%, while the Sensex has increased by just 1.16%. Notably, Shree Krishna Paper Mills has shown remarkable performance over the past month, with a staggering 159.14% increase compared to the Sensex's modest 1.01% rise.
The stock has been on a consistent upward trajectory, marking 19 consecutive days of gains, resulting in a total return of 152.36% during this period. Today, it opened with a gap up of 5% at Rs. 91.58, which also represents a new 52-week and all-time high. The stock reached an intraday high of Rs. 91.58, maintaining this price throughout the trading session.

Shree Krishna Paper Mills is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The stock's performance has significantly outpaced its sector, with a 5.2% advantage today, reflecting robust buyer sentiment and underlying trends in the paper and forest products industry.