Posted On: September 8, 2023

Stock Report: MALUPAPER(NSE) 07 Sep 2023

Outlook: Bullish

Sector: Basic Materials

Industry: Paper & Paper Products

Malu Paper Mills Ltd is an Indian-based company engaged in the manufacturing of paper. Its main products consist of Kraft paper and Newsprint and writing printing paper. It operates through one segment and generates revenue from the same. The company’s manufacturing plants are located in Saoner Taluka of Nagpur District. 

#xCalData predicts that MALUPAPER will continue its bullish phase over the next five days and trend within the range of 41 to 50. 

In comparison to the previous month, the price of the stock has experienced a increase of 34.23% indicating a bullish. 

The Stock has doubled twice since 21 Jan 2015 and took an average of 1.5 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only Trendline indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData

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