K P R Mill Ltd Gains 12.58%: 4 Key Factors Driving the Week’s Momentum

2 February 2026: Weak Start Amid Market Decline

K P R Mill Ltd began the week on a subdued note, closing at Rs.859.45, down 0.97% from the previous Friday’s close of Rs.867.90. This decline was in line with the broader market, as the Sensex fell 1.03% to 35,814.09. Trading volume was relatively low at 30,249 shares, reflecting cautious investor sentiment amid a weak market environment. The stock’s performance on this day set a modest base before the dramatic rally that followed.

3 February 2026: Breakout Day with Upper Circuit Surge

On 3 February, K P R Mill Ltd staged a remarkable rally, opening with a strong gap up of 17.41% and reaching an intraday high of Rs.1,031.30, representing a 20.0% surge from the previous close. The stock closed at Rs.991.00, up 15.31% on the day, hitting its upper circuit limit due to robust buying momentum. This performance significantly outpaced the textile sector’s 8.38% gain and the Sensex’s 2.63% rise to 36,755.96.

Trading volumes surged to 342,396 shares, with a turnover of approximately Rs.163.08 crore, underscoring intense investor interest. Despite the strong rally, delivery volumes declined sharply by 48.85% compared to the five-day average, suggesting a predominance of speculative or intraday trading rather than long-term accumulation.

Technically, the stock traded above its 5-day, 20-day, and 50-day moving averages but remained below the 100-day and 200-day averages, indicating resistance at longer-term levels. The stock’s adjusted beta of 1.20 reflects its high volatility relative to the Sensex, consistent with the pronounced price swings observed.

4 February 2026: Sustained Momentum with Mixed Technical Signals

The stock maintained its upward trajectory on 4 February, closing at Rs.996.15, a modest 0.52% gain from the previous day’s close. The intraday high again touched Rs.1,031.30, reflecting continued buying interest. The Sensex also advanced by 0.37% to 36,890.21, but K P R Mill Ltd’s outperformance remained evident.

Technical indicators presented a complex picture. The weekly MACD remained bearish, while the monthly MACD improved to mildly bearish. The RSI showed neutral readings on both weekly and monthly timeframes, suggesting neither overbought nor oversold conditions. Bollinger Bands indicated sideways movement weekly but bullish monthly trends. The KST indicator was bearish weekly but mildly bearish monthly, and Dow Theory analysis showed a mildly bullish weekly trend but mildly bearish monthly sentiment.

On-balance volume was mildly bullish, implying some institutional accumulation despite the mixed momentum signals. The stock’s Mojo Score stood at 55.0 with a Hold rating, reflecting a cautious stance despite the strong price gains.

5-6 February 2026: Minor Corrections Amid Consolidation

Following the strong rally, K P R Mill Ltd experienced minor pullbacks on 5 and 6 February, closing at Rs.987.85 (-0.83%) and Rs.977.05 (-1.09%) respectively. Trading volumes were lower, at 24,316 and 39,639 shares, indicating a phase of consolidation after the sharp gains earlier in the week.

The Sensex showed mixed movement, falling 0.53% on 5 February and rising 0.10% on 6 February, closing at 36,730.20. Despite the slight declines, the stock ended the week with a strong 12.58% gain, outperforming the Sensex’s 1.51% rise over the same period.

Daily Price Comparison: K P R Mill Ltd vs Sensex

Key Takeaways

Strong Outperformance: K P R Mill Ltd’s 12.58% weekly gain far exceeded the Sensex’s 1.51% rise, driven primarily by the extraordinary rally on 3 February.

Robust Intraday Momentum: The stock’s 20.0% intraday surge and upper circuit hit on 3 February highlighted intense buying interest, supported by high volumes and sector strength.

Mixed Technical Signals: While short- and medium-term moving averages indicate bullish momentum, longer-term indicators and oscillators present a cautious outlook, reflecting potential resistance and consolidation phases.

Rating Downgrade: The downgrade from Buy to Hold by MarketsMOJO in December 2025 signals a more measured view on near-term prospects despite recent price strength.

Speculative Trading Activity: The sharp decline in delivery volumes during the surge suggests a significant portion of trading was speculative or intraday, warranting attention to sustainability of gains.

Conclusion

K P R Mill Ltd’s week was characterised by a dramatic price rally that propelled the stock well above its opening levels, significantly outperforming the broader market. The surge on 3 February, marked by an upper circuit hit and strong volumes, was the defining event of the week. However, the subsequent days saw some profit-taking and technical indicators signalling a mixed outlook, with longer-term resistance levels yet to be overcome.

The downgrade to a Hold rating and the speculative nature of much of the recent volume suggest that investors should approach the stock with caution, balancing the strong short-term momentum against the potential for consolidation or correction. Overall, K P R Mill Ltd remains a high beta stock with notable volatility, and its future trajectory will depend on its ability to sustain momentum and break through key technical barriers.

Unlock special upgrade rates for a limited period. Start Saving Now →