Shree Krishna Paper Mills Hits New 52-Week High at Rs. 62.02
Shree Krishna Paper Mills & Industries has reached a significant milestone by hitting a new 52-week high of Rs. 62.02 today, marking a notable achievement for the microcap company in the Paper, Forest & Jute Products industry. This new high reflects a strong performance, as the stock has outperformed its sector by 5.91% and has shown impressive growth with a consecutive gain over the last 11 days, resulting in a remarkable 70.9% return during this period.The stock opened with a gain of 4.99% today, maintaining its trading level at Rs. 62.02 throughout the day. Additionally, Shree Krishna Paper Mills & Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend in its performance metrics.
In contrast, the broader market is experiencing a downturn, with the Sensex trading down by 0.49% after opening lower. Over the past year, Shree Krishna Paper Mills & Industries has delivered a 37.18% return, significantly outperforming the Sensex, which has seen a decline of 5.89%.
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