Kiri Industries' Stock Price Surges 7.15% in Dyes and Pigments Industry
On May 23, 2024, Kiri Industries' stock price increased by 7.15%, outperforming the sector by 6.48%. The stock also reached an intraday high of Rs 341.15, showing a trend reversal after three days of falling. Kiri Industries' stock is currently higher than its 5-day and 200-day moving averages, but lower than its 20-day, 50-day, and 100-day moving averages. Its 1-day performance was 7.15%, while its 1-month performance was -9.81%, compared to the Sensex's 0.97% increase.
Kiri Industries, a smallcap company in the dyes and pigments industry, saw a 7.15% increase in its stock price on May 23, 2024. This outperformed the sector by 6.48%, according to MarketsMOJO's stock call of 'Sell'.
The stock's performance today showed a trend reversal as it gained after three consecutive days of falling. It also reached an intraday high of Rs 341.15, a 7.26% increase. However, the stock has been highly volatile today with an intraday volatility of 5.02%, calculated from the weighted average price.
In terms of moving averages, Kiri Industries' stock is currently higher than its 5-day and 200-day moving averages, but lower than its 20-day, 50-day, and 100-day moving averages.
Compared to the Sensex performance of 0.32%, Kiri Industries' 1-day performance was 7.15%, while its 1-month performance was -9.81% compared to the Sensex's 0.97% increase.
Kiri Industries continues to show promising growth in the dyes and pigments industry, with its stock price reflecting positive trends. Investors should keep an eye on this smallcap company as it continues to make strides in the market.
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