Shree Rama Newsprint Faces Intense Selling Pressure Amidst Notable Price Declines

Jun 05 2025 10:35 AM IST
share
Share Via
Shree Rama Newsprint Ltd is experiencing significant selling pressure, marking its fifth consecutive day of losses. Despite a strong annual performance, the stock has recently underperformed its sector. Current trends suggest potential short-term weakness, influenced by market sentiment and profit-taking after substantial gains.
Shree Rama Newsprint Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a notable decline of 1.98%, contrasting sharply with the Sensex, which has gained 0.42% today. This marks the fifth consecutive day of losses for Shree Rama Newsprint, accumulating a total decline of 9.55% over this period.

In terms of performance metrics, Shree Rama Newsprint has shown impressive growth over the longer term, with a remarkable 120.10% increase over the past year, significantly outperforming the Sensex's 9.35% rise. However, the recent trend indicates a shift, as the stock has underperformed its sector by 2.64% today.

Despite its strong historical performance, the current selling pressure may be attributed to various factors, including market sentiment and potential profit-taking after substantial gains. The stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, yet it is currently below its 5-day moving average, indicating a potential short-term weakness.
{{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