K P R Mill Sees Increased Activity Amid Market Volatility in Garment Sector

K P R Mill Ltd, a prominent player in the Garments & Apparels industry, has emerged as one of the most active equities today, with a total traded volume of 1,303,603 shares and a total traded value of approximately Rs 150.74 crores. The stock opened at Rs 1,155.00, reflecting a significant gap down of 6.12% from the previous close of Rs 1,230.30. Throughout the trading session, K P R Mill reached a day high of Rs 1,174.00 and a day low of Rs 1,143.00, marking a decline of 7.1% at its lowest point.
Despite its recent performance, K P R Mill has underperformed its sector by 5.59% today, with a one-day return of -6.20%. This decline follows three consecutive days of gains, indicating a potential trend reversal. Notably, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average.

Investor participation has seen a rise, with a delivery volume of 444,000 shares on May 20, reflecting a 10.32% increase compared to the five-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 0.55 crores based on 2% of the five-day average traded value. Overall, K P R Mill's performance today highlights a complex interplay of market dynamics within the large-cap segment of the garments and apparels industry.