Posted On: September 7, 2023

Stock Report: STARPAPER(NSE) 06 Sep 2023

Outlook: Bullish

Sector: Basic Materials

Industry: Paper & Paper Products

Star Paper Mills Ltd is primarily engaged in the business of paper manufacturing. The company’s products are used in education, communication, information and knowledge dissemination, and packaging of commodities. It produces a wide range of Industrial Packaging and cultural paper catering to all segments of the consumer. The company primarily sells in the Indian markets. 

#xCalData predicts that # STARPAPER will continue its bullish phase over the next five days and trend within the range of 220 to 250. 

In comparison to the previous month, the price of the stock has experienced a increase of 34.28% indicating a bullish.

The Stock has doubled 4 time(s) since 12 May 2015 and took an average of 0.7 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. 

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

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