Seshasayee Paper & Boards Sees Intraday Rebound Amid Ongoing Volatility and Decline
Today's performance marks a reversal after five consecutive days of decline, as the stock outperformed its sector by 0.83%. However, it has shown considerable volatility, with an intraday fluctuation of 6.83%. Currently, Seshasayee Paper is trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.
Over the past month, the stock has declined by 8.99%, which is steeper than the 6.71% drop in the Sensex. In the short term, the stock's one-day performance is up by 2.34%, while the Sensex has seen a modest increase of 0.38%.
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