West Coast Paper Mills Faces Significant Stock Volatility Amid Broader Market Trends

Apr 07 2025 03:05 PM IST
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West Coast Paper Mills has faced notable volatility, reaching a new 52-week low and experiencing a significant decline over the past three days. The stock is trading below all major moving averages, contrasting with the broader market's performance. Year-to-date, it has declined substantially, though it shows gains over longer periods.
West Coast Paper Mills Faces Significant Stock Volatility Amid Broader Market Trends
West Coast Paper Mills has experienced significant volatility today, with the stock declining by 7.09%. The company reached a new 52-week low of Rs. 382.15, marking a notable drop of 11.71% at its intraday low. Over the past three days, the stock has seen a cumulative decline of 10.65%, underperforming the broader sector, which has fallen by 3.5%.
In terms of moving averages, West Coast Paper Mills is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The stock's performance metrics reveal a stark contrast to the Sensex, which has shown some recovery after a significant gap down opening. While the Sensex is down 3.42%, West Coast Paper Mills has underperformed with a 7.05% decline today. Looking at longer-term performance, the stock has faced challenges, with a year-to-date decline of 27.63% and a one-year drop of 36.76%. However, over a three-year period, it has gained 14.79%, and over five years, it has increased by 194.65%.
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