Why is Three M Paper falling/rising?

Jun 24 2025 11:05 PM IST
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As of 24-Jun, Three M Paper Boards Ltd is currently priced at 48.64, reflecting a recent rise of 1.99% and strong short-term gains, but it has a negative year-to-date performance of -25.74% and a significant decline in delivery volume, which may affect future price movements.
As of 24-Jun, Three M Paper Boards Ltd is experiencing a price increase, currently at 48.64, with a change of 0.95, representing a rise of 1.99%. The stock has shown strong performance recently, gaining 27.16% over the last six days, and has outperformed the sector, which has increased by 2.06%. Additionally, the stock has posted impressive returns over the past week and month, with increases of 21.12% and 26.34%, respectively. However, it is important to note that the stock's year-to-date performance remains negative at -25.74%. The delivery volume has decreased significantly, falling by 59.46% against the five-day average, indicating a decline in investor participation, which could impact future price movements.

In the broader market context, the stock's recent performance is notably stronger than the Sensex, which has only increased by 0.58% over the past week and 0.41% over the past month. Despite the stock's positive short-term returns, its year-to-date performance lags behind the benchmark's gain of 5.01%. The liquidity of the stock appears adequate for trading, as it is based on 2% of the five-day average traded value. Overall, while the stock is currently rising, the significant drop in delivery volume and negative year-to-date performance may pose challenges ahead.
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