Why is Three M Paper falling/rising?

Jul 01 2025 10:57 PM IST
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As of 01-Jul, Three M Paper Boards Ltd is currently priced at 52.97, reflecting a 1.98% increase and a significant 38.48% gain over the past 11 days. Despite being down 19.13% year-to-date, the stock has outperformed the broader market recently, attracting increased investor interest.
As of 01-Jul, Three M Paper Boards Ltd is experiencing a price increase, currently at 52.97, reflecting a rise of 1.03 or 1.98%. The stock has shown impressive performance, gaining 38.48% over the last 11 consecutive days, and has outperformed its sector by 0.77% today. Additionally, it has surpassed its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. The stock's one-week return stands at +8.90%, and its one-month return is +35.82%, showcasing significant short-term gains, although it remains down 19.13% year-to-date. There are no available positive or negative factors to further explain the stock's recent movement.

Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.00% over the past week and 2.76% over the past month, Three M Paper's returns are substantially higher, indicating that the stock is outperforming the broader market in the short term. This strong performance may be attracting increased investor interest, as evidenced by a notable rise in delivery volume, which increased by 346.43% against the 5-day average. Overall, the stock's recent gains reflect a combination of positive trading momentum and favorable investor sentiment, despite its year-to-date underperformance relative to the benchmark.
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