K P R Mill's Stock Sees Decline, But Long-Term Performance Remains Strong

K P R Mill, a leading textile company in the largecap industry, has recently seen a decline in its stock performance. On November 13, 2024, the company's stock lost -3.07%, underperforming the sector by -1.28%. This marks the third consecutive day of losses for the company, with a total decline of -3.07% during this period.

Despite this recent decline, K P R Mill's stock is still performing well in the long term. It is currently trading higher than its 100-day and 200-day moving averages, indicating a positive trend. However, it is currently lower than its 5-day, 20-day, and 50-day moving averages.

In comparison to the overall market performance, K P R Mill's stock has underperformed. On the same day, the Sensex, India's benchmark index, only saw a decline of -0.27%. In the past month, K P R Mill's stock has also underperformed the Sensex, with a decline of -4.19% compared to the Sensex's -3.59% decline.

While the recent decline in K P R Mill's stock may be a cause for concern for some investors, it is important to note that the company's long-term performance is still strong. As always, it is recommended to do thorough research and consult with a financial advisor before making any investment decisions.