Why is Kesar Petroprod. falling/rising?

Jul 17 2025 10:21 PM IST
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As of 17-Jul, Kesar Petroproducts Ltd's stock price has declined to Rs 28.47, down 7.11%, with significant volatility and reduced investor confidence. Despite strong long-term growth, recent performance is hindered by a sharp drop in delivery volume and trading below moving averages.
As of 17-Jul, Kesar Petroproducts Ltd is experiencing a decline in its stock price, currently at Rs 28.47, which represents a decrease of Rs 2.18 or 7.11%. Today's price summary indicates that the stock has underperformed its sector by 7.28%, with an intraday low of Rs 27.7, reflecting a significant drop of 9.62%. The stock has shown high volatility today, with an intraday volatility of 5.56%, and trading has been concentrated near the lower end of its range, suggesting a lack of investor confidence. Despite a strong long-term growth outlook, with operating profit increasing at an annual rate of 41.56% and positive results over the last six quarters, the recent performance has been overshadowed by a substantial drop in delivery volume, which fell by 86.69% compared to the five-day average.

In the broader market context, Kesar Petroproducts Ltd's short-term performance has been relatively weak, with a 1-week return of -0.66%, compared to a decline of 1.12% in the Sensex. While the stock has generated a commendable return of 47.74% over the past year, significantly outperforming the BSE500's return of 0.26%, the recent downturn may be attributed to heightened volatility and reduced investor participation. The stock's current price is also trading below its moving averages, which could further indicate bearish sentiment among investors.
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