Shree Rama Newsprint Faces Intense Selling Pressure Amid Consecutive Losses

Jun 03 2025 10:35 AM IST
share
Share Via
Shree Rama Newsprint Ltd is experiencing notable selling pressure, with the stock declining over the past three days. Despite a strong annual performance, recent trends indicate a shift in market sentiment, as the stock underperformed relative to both the Sensex and its sector, raising concerns about short-term weakness.
Shree Rama Newsprint Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a total decline of 5.85%. Today, the stock fell by 2.00%, underperforming the Sensex, which recorded a slight gain of 0.08%.

In the past week, Shree Rama Newsprint has seen a decline of 2.18%, while the Sensex decreased by only 0.13%. Despite a strong performance over the longer term, with a remarkable 111.24% increase over the past year compared to the Sensex's 6.50%, the recent trend indicates a shift in market sentiment.

The stock's performance relative to its sector is also concerning, as it underperformed by 2.78% today. While the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average, suggesting a potential short-term weakness. The selling pressure may be attributed to various market dynamics, including investor sentiment and broader economic factors affecting the paper, forest, and jute products industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News