Why is Three M Paper falling/rising?

Sep 24 2025 12:00 AM IST
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As of 23-Sep, Three M Paper Boards Ltd is priced at 37.03, up 1.73%, but remains below key moving averages, indicating weak long-term performance. Despite a brief uptick and increased investor participation, its year-to-date and 1-year returns are significantly worse than the Sensex, reflecting ongoing challenges.
As of 23-Sep, Three M Paper Boards Ltd is currently priced at 37.03, reflecting an increase of 0.63 or 1.73%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Notably, it has outperformed its sector by 2.35% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance over the longer term. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 361.54% compared to the 5-day average. The stock's year-to-date performance shows a decline of 43.47%, while its 1-year return is down 39.53%, suggesting ongoing challenges despite today's positive movement.

In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Three M Paper's more significant drop of 9.46% during the same period. This indicates that while the stock has experienced a brief uptick today, its overall performance remains weak compared to the benchmark. The stock's year-to-date and 1-year returns are significantly worse than the Sensex, which has gained 5.07% and declined only 3.33%, respectively. This disparity highlights the challenges Three M Paper is facing in the market, despite today's positive price movement.
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