Astron Paper & Board Mill Hits 52-Week Low Amid Sustained Decline in Market Performance

Feb 17 2025 09:41 AM IST
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Astron Paper & Board Mill has reached a new 52-week low, reflecting a significant decline in its stock over the past six days. The company has underperformed its sector and is trading below key moving averages, with a notable year-over-year decline contrasting with broader market gains.
Astron Paper & Board Mill has experienced significant activity today, reaching a new 52-week low of Rs. 15. This marks a notable decline for the microcap company in the paper and paper products industry. Over the past six days, the stock has consistently fallen, resulting in a cumulative drop of 15.25%.

In terms of performance metrics, Astron Paper has underperformed its sector by 1.34% today. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.

Looking at the broader picture, the company's performance over the past year has been challenging, with a decline of 51.78%, contrasting sharply with the Sensex, which has gained 4.24% during the same period. These figures highlight the ongoing struggles faced by Astron Paper & Board Mill in a competitive market environment.
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