K P R Mill Ltd Sees Surge in Trading Activity Amid Positive Market Momentum

K P R Mill Ltd, a prominent player in the textile industry, has emerged as one of the most active equities today, with a total traded volume of 2,931,809 shares and a total traded value of approximately Rs 36.51 crores. The stock opened at Rs 1,150.00, reflecting a loss of 3.27% from the previous close of Rs 1,188.85. However, it quickly rebounded, reaching an intraday high of Rs 1,265.40, marking a new 52-week high, before settling at a last traded price of Rs 1,246.05.
K P R Mill has outperformed its sector by 4.55% today, continuing a positive trend with a 22.09% increase over the past three days. The stock has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, delivery volume surged to 911,000 shares on May 8, a 145% increase compared to the 5-day average, indicating rising investor participation.

With a market capitalization of Rs 42,658.39 crores, K P R Mill's performance today reflects its strong position in the textile sector, characterized by significant trading activity and positive momentum.