West Coast Paper Mills sees significant stock price increase, outperforms sector and Sensex

West Coast Paper Mills, a smallcap company in the paper and paper products industry, has seen a significant increase in its stock price on July 2nd, 2024. The stock has gained 8.62%, outperforming the sector by 1.67%.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for West Coast Paper Mills is 'Sell'. However, the stock has been on a consecutive gain for the last two days, with a rise of 10.79% in this period. It opened with a loss of -2% today but touched an intraday high of Rs 747 (8.92%) and a low of Rs 672.1 (-2%). The stock has also shown high volatility today, with an intraday volatility of 5.19%.

West Coast Paper Mills is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance. In the paper and paper products sector, the stock has gained 6.52%.

In comparison to the Sensex, West Coast Paper Mills has outperformed with a 1-day performance of 9.29% while the Sensex has shown a -0.08% performance. In the last month, the stock has also outperformed the Sensex with a 25.71% performance compared to the Sensex's 7.38%.

Overall, West Coast Paper Mills has shown a strong performance in the market, with a significant increase in its stock price and outperforming the sector and Sensex. Investors should keep an eye on the stock's performance and make informed decisions based on their own research and analysis.