Posted On: July 25, 2023

Stock Report : WSTCSTPAPR (NSE) 24 Jul 2023

Outlook: Bearish 

Sector: Basic Material

Industry: Paper & Paper Products 

West Coast Paper Mills Limited, with its headquarters in Kolkata, is a prominent company in the paper and packaging industry. As of 2022, the company boasts a sizeable workforce, employing 2,386 individuals who contribute to its success and operations. Over the years, West Coast Paper Mills has expanded its business reach through various subsidiaries, including Andhra Pradesh Paper Mills Ltd., West Coast Opticable Limited, and Speciality Coating & Laminations. The company’s stocks, traded under the symbol WSTCSTPAPR on the NSE (National Stock Exchange), indicate its presence in the financial market. With a strong employee base and diverse subsidiaries, West Coast Paper Mills continues to make strides in the industry, delivering quality products and services to its customers and investors alike.

#xCalData predicts that # WSTCSTPAPR will continue its bearish phase over the next five days and trend within the range of 482 to 456. 

 In comparison to the previous month, the price of the stock has experienced a decline of 9.24% indicating a bearish. 

The Stock has doubled thrice since 31 Mar 2015 and took an average of 2.4 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 positive returns in 3 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. Some of the technical indicator namely ASI, OBV indicates Bullish view. 

Collectively, xCalData suggests the stock would be in Bearish 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. 

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