Kansai Nerolac Paints Stock Shows Positive Trend, Outperforms Sector by 2.59%

Kansai Nerolac Paints, a leading player in the paints industry, saw a positive trend in its stock performance on November 25, 2024. The stock gained 3.82% on this day, outperforming the sector by 2.59%. The stock has been on a consecutive gain for the last 2 days and has risen by 7.57% in this period.

The stock also touched an intraday high of Rs 276.6, showing a 4.14% increase. The moving averages for Kansai Nerolac Paints are currently higher than the 5-day and 20-day moving averages, but lower than the 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Kansai Nerolac Paints has shown a 1-day performance of 3.46% while the Sensex has only gained 1.53%. In the last month, the stock has underperformed the Sensex with a -1.51% return compared to the Sensex's 1.17% return.

MarketsMOJO has given a 'Hold' call for Kansai Nerolac Paints, indicating a neutral stance on the stock. With a largecap size, Kansai Nerolac Paints has established itself as a key player in the paints industry. Investors can keep an eye on the stock's performance in the coming days to make informed decisions.