Shree Krishna Paper Mills Hits New 52-Week High of Rs. 87.22
Shree Krishna Paper Mills & Industries has reached a significant milestone by hitting a new 52-week high of Rs. 87.22 today. This achievement marks a notable performance for the microcap company within the Paper, Forest & Jute Products industry. The stock has demonstrated impressive momentum, gaining for the last 18 consecutive days and delivering a remarkable 140.34% return during this period.Today, Shree Krishna Paper Mills opened with a 5% gain, reflecting strong market activity. The stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. In comparison, the broader market, represented by the Sensex, has also shown positive movement, climbing 278.97 points to reach 82,178.48, although it remains 2.34% away from its own 52-week high.
With a one-year performance of 124.68%, Shree Krishna Paper Mills has significantly outperformed the Sensex, which has seen a modest increase of 0.67% over the same period. This milestone reinforces the company's strong position in the market.
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