Shree Rama Newsprint Ltd Hits Upper Circuit Limit Amid Increased Investor Interest

Jul 16 2025 10:00 AM IST
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Shree Rama Newsprint Ltd, a microcap in the Paper, Forest & Jute Products sector, experienced significant trading activity today, reaching its upper circuit limit. The stock has gained over the past two days, outperforming its sector, and shows strong technical indicators and increased liquidity, reflecting heightened investor interest.
Shree Rama Newsprint Ltd, a microcap player in the Paper, Forest & Jute Products industry, has shown remarkable activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 33.52, reflecting a notable increase of 4.98% from the previous close, with a total traded volume of approximately 0.22066 lakh shares and a turnover of Rs 0.072994328 crore.

The stock has been on an upward trajectory, gaining for the last two days and delivering a cumulative return of 4.53% during this period. It outperformed its sector by 2.67%, indicating strong relative performance. The price band for the day was set at 5%, allowing for significant movement within the trading session.

In terms of technical indicators, Shree Rama Newsprint's price is currently above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. The stock's liquidity appears robust, with delivery volume increasing by nearly 30% compared to the 5-day average.

Overall, Shree Rama Newsprint Ltd's performance today highlights its strong market position and investor interest, marking a significant day for the company in the financial markets.
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