Tamil Nadu Newsprint & Papers Surges Amid Broader Market Downturn, Highlights Small-Cap Resilience
Tamil Nadu Newsprint & Papers has experienced notable activity, outperforming its sector and showing a strong upward trend over the past five days. Despite recent gains, the stock has faced challenges over the past year, significantly declining while the broader market has performed positively.
Tamil Nadu Newsprint & Papers has shown significant activity today, gaining 7.15% on May 16, 2025. This performance has allowed the stock to outperform its sector by 4.58%. Over the past five days, the stock has demonstrated a strong upward trend, accumulating a total return of 25.19%. Intraday, it reached a high of Rs 161, marking a 6.66% increase.In terms of moving averages, Tamil Nadu Newsprint & Papers is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. This indicates a mixed performance in the context of longer-term trends.
While the broader market is experiencing a downturn, with the Sensex trading down by 0.3% after opening lower, small-cap stocks are leading the market, with the BSE Small Cap index gaining today. Despite the recent gains, Tamil Nadu Newsprint & Papers has faced challenges over the past year, with a decline of 39.50%, contrasting with the Sensex's positive performance of 11.70% during the same period.
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