Shree Krishna Paper Mills Hits New 52-Week High of Rs. 87.22
Shree Krishna Paper Mills & Industries has achieved a new 52-week high of Rs. 87.22, reflecting strong market momentum and impressive performance with a 140.34% gain over the past 18 days. The company has outperformed its sector and delivered a remarkable 124.68% return over the past year.
Shree Krishna Paper Mills & Industries has reached a significant milestone by hitting a new 52-week high of Rs. 87.22 today, marking a notable achievement for the microcap company in the Paper, Forest & Jute Products industry. This surge comes as the stock has demonstrated impressive performance, gaining 140.34% over the past 18 days alone. Today, the stock opened with a 5% gain, reflecting strong market momentum, and it has consistently traded at this elevated price level throughout the day. Notably, Shree Krishna Paper Mills is outperforming its sector by 4.92%, indicating robust demand and investor confidence in its recent performance.
In terms of technical indicators, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Over the past year, Shree Krishna Paper Mills has delivered a remarkable return of 124.68%, significantly outpacing the Sensex, which has seen a modest increase of 0.67%. This performance underscores the company's position in the market as it continues to gain traction.
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