KCP . Cement Company's Stock Surges 12.59%, Attracts Attention from Investors and Analysts

KCP ., a smallcap cement company, has been making waves in the stock market with its recent performance. On June 5th, 2024, the company's stock gained an impressive 12.59%, outperforming the sector by 7.86%. This positive trend has caught the attention of investors and analysts, with MarketsMOJO giving a 'Buy' call for the stock.

One of the reasons for this surge in stock price could be attributed to KCP .'s inclusion in the Hidden Turnaround list on MarketsMOJO since November 10th, 2023. This list features companies that have shown potential for a turnaround in their financial performance.

On the day of the stock's rise, it opened with a gain of 3.61% and reached an intraday high of Rs 186, a 10.19% increase. The stock has also been highly volatile, with an intraday volatility of 7.64%, calculated from the weighted average price.

KCP . is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex, KCP .'s 1-day performance was 9.95%, while the Sensex only saw a 1.85% increase. Similarly, in the past month, KCP .'s performance was 7.00%, while the Sensex saw a decrease of -0.63%.

With such impressive numbers, it's no wonder that MarketsMOJO has given a 'Buy' call for KCP . stock. As a smallcap company in the cement industry, KCP . is definitely one to watch out for in the stock market.