Why is Three M Paper falling/rising?

Aug 04 2025 11:14 PM IST
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As of 04-Aug, Three M Paper Boards Ltd is priced at 48.55, showing a recent upward trend with a 12% return over the last four days, despite a month-long decline of 7.52% and a year-to-date drop of 25.88%. While the stock has outperformed the benchmark Sensex in the short term, its longer-term performance remains weak compared to the market.
As of 04-Aug, Three M Paper Boards Ltd is currently priced at 48.55, reflecting a slight increase of 0.06 or 0.12%. The stock has been on an upward trend, gaining for the last four days and achieving a notable 12% return during this period. However, over the past month, the stock has experienced a decline of 7.52%, and its year-to-date performance shows a significant drop of 25.88%. Despite these longer-term challenges, the stock's recent performance is somewhat positive, as it is currently trading above its 5-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 20-day moving average. Additionally, there has been a decrease in investor participation, with delivery volume falling by 6.25% compared to the 5-day average, indicating a potential concern for liquidity, despite the stock being liquid enough for trading.

Broader market context shows that while Three M Paper has gained 11.97% over the past week, the benchmark Sensex has only increased by 0.16%, highlighting a strong short-term performance relative to the market. However, the stock's longer-term performance is less favorable, with a year-over-year decline of 29.59%, contrasting sharply with the Sensex's slight increase of 0.05% over the same period. This divergence suggests that while the stock is currently experiencing a rebound, it is still facing significant challenges compared to the broader market trends.
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