K P R Mill's Stock Price Declines, But Remains Strong in Textile Industry

K P R Mill, a leading textile company in India, has recently seen a decline in its stock price. On October 7th, 2024, the company's stock lost -3.18%, closing at Rs 902.1. This performance has been deemed as 'Hold' by MarketsMOJO, a leading stock analysis platform.

In comparison to the overall sector, K P R Mill's performance for the day was inline. However, the stock did touch an intraday low of Rs 902.1, which was a decrease of -4.3%. The company's moving averages are currently higher than the 20 day, 50 day, 100 day, and 200 day moving averages, but lower than the 5 day moving average.

The textile industry as a whole has seen a decline of -2.55%, indicating a trend in the sector. K P R Mill's 1 day performance was -3.30%, while the Sensex's performance was 0.01%. In the past month, K P R Mill's performance has been 5.61%, while the Sensex's performance was 0.64%.

Despite the recent decline in stock price, K P R Mill remains a largecap company in the textile industry. The company has a strong presence in the market and has been consistently performing well. Investors should keep an eye on the company's future performance, as it has the potential to bounce back and continue its growth in the industry.