Why is Kesar Petroprod. falling/rising?
As of 22-Sep, Kesar Petroproducts Ltd is currently priced at 32.80, reflecting a 1.45% increase. Despite a recent decline in investor participation, the stock has shown strong long-term performance with a 74.19% increase over the past year and a significant 657.51% rise over the past five years.
As of 22-Sep, Kesar Petroproducts Ltd is experiencing a price increase, currently at 32.80, which reflects a change of 0.47 or 1.45% upward. The stock has shown a positive performance today, outperforming its sector by 1.69%, and has been gaining for the last two days with a total increase of 1.71% during this period. Additionally, Kesar Petroproducts has demonstrated strong long-term performance, with a year-to-date return of 13.06% and an impressive 74.19% increase over the past year. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 24.6% against the five-day average, which could indicate a potential concern regarding sustained interest in the stock.In the broader market context, Kesar Petroproducts' short-term performance over the past week shows a slight decline of 0.33%, while the benchmark Sensex has increased by 0.46%. Despite this recent underperformance in the short term, the stock has outperformed the benchmark over the longer term, with a significant 657.51% increase over the past five years compared to the Sensex's 117.73%. This suggests that while the stock may face some short-term challenges, its overall trajectory remains strong relative to the broader market, indicating investor confidence in its long-term prospects.
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