Star Paper Mills . Reaches 52-Week High, Outperforms Sensex in Paper Industry

Jan 30 2024 10:05 AM IST
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Star Paper Mills ., a microcap company in the paper and paper products industry, reached a 52-week high on January 30, 2024, with its stock currently trading at Rs.261.2, a 4.11% increase from its previous close. According to MarketsMojo, the stock is rated as 'Hold', indicating a positive trend and outperforming the Sensex in the past year.

Star Paper Mills ., a microcap company in the paper and paper products industry, saw its stock price reach a 52-week high on January 30, 2024. The stock is currently trading at Rs.261.2, which is a 4.11% increase from its previous close. This performance is in line with the overall sector.

According to MarketsMOJO, a leading financial analysis platform, the stock is currently rated as 'Hold'. This means that investors should hold onto their current positions in the company and not make any new investments.

Star Paper Mills . has been consistently performing well, with its stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the past year, Star Paper Mills . has outperformed the Sensex, with a 45.74% increase in its stock price compared to the Sensex's 20.90% performance. This showcases the company's strong performance and potential for growth in the paper and paper products industry.

Overall, Star Paper Mills . has shown promising performance and continues to be a strong player in the microcap segment of the market. Investors should keep an eye on the company's future developments and performance.
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