South India Paper Mills Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Mar 19 2024 02:35 PM IST
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South India Paper Mills, a microcap company in the paper and paper products industry, has hit a 52-week low on March 19, 2024. MarketsMojo has given a 'Strong Sell' call due to the stock's underperformance of -1.44% compared to the sector and a decline of -39.66% in the past year.

South India Paper Mills, a microcap company in the paper and paper products industry, has recently hit a 52-week low on March 19, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading stock market analysis platform.

The stock price of South India Paper Mills has been on a downward trend, with today's performance showing an underperformance of -1.44% compared to the sector. In the last two days, the stock has fallen by -4.76%, reaching an intraday low of Rs 68.6. The company's stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, South India Paper Mills has seen a decline of -39.66% in its stock price, while the Sensex has shown a positive growth of 24.30%. This indicates a significant underperformance by the company in comparison to the overall market.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone, without any mention of future potential, investor interest, or expert opinions. As a microcap company in the paper and paper products industry, South India Paper Mills' stock performance is closely monitored by investors and analysts.
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