Why is Star Paper Mills falling/rising?

Aug 08 2025 10:12 PM IST
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As of 08-Aug, Star Paper Mills Ltd. is currently priced at Rs 170.05, showing a slight increase after a period of decline, but it remains below key moving averages and has underperformed against the Sensex over various time frames. Despite a recent uptick in investor participation, the stock's overall performance indicates weakness compared to the broader market.
As of 08-Aug, Star Paper Mills Ltd. is experiencing a price increase, currently at Rs 170.05, reflecting a rise of Rs 1.1 or 0.65%. The stock has shown a trend reversal by gaining after six consecutive days of decline, and today it outperformed its sector by 1.63%. It reached an intraday high of Rs 172.7, which is a 2.22% increase. However, despite this positive movement, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 62.81% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Star Paper Mills has underperformed compared to the benchmark Sensex over various periods. Over the past week, the stock has declined by 2.27%, while the Sensex fell by only 0.92%. In the last month, the stock's decline of 6.49% is also worse than the Sensex's drop of 4.60%. Year-to-date, Star Paper Mills is down 20.72%, contrasting sharply with the Sensex's gain of 2.20%. This suggests that while the stock is experiencing a short-term rise, its overall performance remains weak compared to the broader market trends.
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