Sundaram Multi Pap Hits 52-Week Low Amid Ongoing Market Challenges
Sundaram Multi Pap, a microcap in the printing and stationery sector, has hit a new 52-week low, with its stock price at Rs. 2.15. The company has underperformed its sector significantly over the past year, contrasting with the positive performance of the benchmark Sensex.
Sundaram Multi Pap, a microcap player in the printing and stationery sector, has reached a new 52-week low, with its stock price falling to Rs. 2.15 on January 21, 2025. This decline represents a significant downturn, as the company has underperformed its sector by 7.39% today. Over the past year, Sundaram Multi Pap has seen a decrease of 19.11%, contrasting sharply with the benchmark Sensex, which has gained 7.84% during the same timeframe.The stock is currently trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This consistent decline highlights ongoing challenges for the company amid a difficult market environment.
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