Why is Kay Power &Paper falling/rising?
As of 22-Sep, Kay Power & Paper Ltd's stock price is at 14.79, up 0.68% today, but it has declined 59.91% year-to-date and 65.20% over the past year, indicating significant long-term challenges despite recent positive movement. The stock's short-term performance has also underperformed compared to the benchmark Sensex.
As of 22-Sep, Kay Power & Paper Ltd's stock price is currently at 14.79, reflecting an increase of 0.1, or 0.68%. The stock has shown some positive movement today, outperforming its sector by 1.06%. Additionally, the stock's delivery volume has significantly risen by 108.4% compared to the 5-day average, indicating increased investor participation. However, despite this uptick, the stock has experienced a substantial decline over the year, with a year-to-date drop of 59.91% and a one-year decline of 65.20%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance over the past week shows a decline of 0.20%, while the benchmark Sensex has increased by 0.46%. This underperformance relative to the benchmark highlights the challenges faced by Kay Power & Paper Ltd in the current market environment. Over the past month, the stock has also lagged behind the Sensex, which has gained 1.05%, further emphasizing the stock's struggle to maintain momentum despite today's positive price movement.
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