Why is Shree Rama News. falling/rising?

Jun 13 2025 09:59 PM IST
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As of 13-Jun, Shree Rama Newsprint Ltd's stock price is declining at 36.58, down 1.98% over the last four days, with a total drop of 7.72%. Despite a yearly increase of 83.45%, recent performance shows significant short-term weakness compared to the Sensex.
As of 13-Jun, Shree Rama Newsprint Ltd is experiencing a decline in its stock price, currently at 36.58, which represents a decrease of 0.74 or 1.98%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 7.72% during this period. Additionally, while the stock's performance over the year shows a significant increase of 83.45% compared to the Sensex's 5.61%, its recent performance over the past week indicates a drop of 6.87%, which is considerably worse than the Sensex's decline of 1.30%. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness in price momentum.

In the broader market context, the stock's recent underperformance is evident as it has lagged behind the benchmark index, particularly in the short term. The rising investor participation, indicated by a 71.34% increase in delivery volume, suggests some interest in the stock despite its recent price decline. However, the overall liquidity remains adequate for trading, which may help stabilize the stock in the near term. The absence of specific positive or negative factors in the dashboard limits the analysis of external influences on the stock's movement, but the current trends indicate a challenging environment for Shree Rama Newsprint Ltd.
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