Shree Rama Newsprint Achieves 52-Week High Amidst Broader Market Challenges

May 28 2025 10:35 AM IST
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Shree Rama Newsprint has reached a new 52-week high, reflecting strong performance in the Paper, Forest & Jute Products sector. The stock has consistently gained over the past nine days, significantly outperforming the Sensex and showcasing a remarkable recovery from its previous low.
Shree Rama Newsprint, a microcap player in the Paper, Forest & Jute Products industry, has made headlines today as its stock price reached a new 52-week high of Rs. 43.5. This milestone comes after a remarkable performance, with the stock outperforming its sector by 1.74%. Over the past nine days, Shree Rama Newsprint has shown consistent gains, accumulating an impressive 18.56% return during this period.

In terms of technical indicators, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a strong upward trend. Over the past year, Shree Rama Newsprint has delivered a staggering 118.15% return, significantly outpacing the Sensex, which has only seen an 8.20% increase.

Despite the overall market sentiment being negative, with the Sensex down by 0.26% after opening lower, small-cap stocks like Shree Rama Newsprint are leading the charge, as evidenced by the BSE Small Cap index gaining 0.37% today. The stock's 52-week low stands at Rs. 14.37, highlighting its significant recovery and growth trajectory.
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