Tamil Nadu Newsprint & Papers Faces Significant Decline Amidst Market Volatility

Feb 17 2025 09:36 AM IST
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Tamil Nadu Newsprint & Papers has hit a new 52-week low, reflecting significant volatility and a 6.54% decline over two days. The company has underperformed its sector and is trading below key moving averages, with a challenging year marked by a 48.72% drop compared to the Sensex's gains.
Tamil Nadu Newsprint & Papers has experienced significant volatility today, reaching a new 52-week low of Rs. 145. This marks a notable decline for the small-cap company within the Paper & Paper Products industry. Over the past two days, the stock has seen a consecutive fall, resulting in a total decline of 6.54%.

In terms of market performance, Tamil Nadu Newsprint & Papers has underperformed its sector by 0.69% today. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its short to long-term performance.

Looking at the broader picture, the company's performance over the past year has been challenging, with a decline of 48.72%, contrasting sharply with the Sensex, which has gained 4.16% during the same period. These metrics highlight the ongoing struggles faced by Tamil Nadu Newsprint & Papers in a competitive market landscape.
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