Recent Price Movement and Market Context
Seshasayee Paper’s stock has gained 2.32% over the past week, outperforming the Sensex which declined by 0.52% during the same period. This short-term uptick contrasts with the stock’s longer-term underperformance, as it has declined by 24.97% over the last year compared to the Sensex’s 4.89% gain. Year-to-date, the stock is down 20.79%, while the benchmark index has risen 9.12%. These figures highlight a persistent weakness in the company’s share price over extended periods, despite recent positive momentum.
On the day of 12-Dec, the stock outperformed its sector by 0.74%, continuing a three-day consecutive gain that has delivered a cumulative return of 6.05%. Intraday, the share price touched a low of ₹233, down 2.73%, before ...
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