Why is Kesar Terminals falling/rising?
As of 06-Nov, Kesar Terminals & Infrastructure Ltd is currently priced at Rs 97.80, reflecting a 5.44% increase and strong performance compared to its sector. The stock has shown significant volatility and increased investor participation, outperforming the benchmark Sensex both in the short term and year-to-date.
As of 06-Nov, Kesar Terminals & Infrastructure Ltd is experiencing a price increase, currently at Rs 97.80, reflecting a rise of Rs 5.05 or 5.44%. The stock has shown strong performance today, outperforming its sector by 6.72% and has gained 8.61% over the last two days. Despite opening with a loss of 2.95%, it reached an intraday high of Rs 99.85, indicating significant volatility with a wide trading range of Rs 9.85. The stock is trading above its moving averages across various periods, and there has been a notable increase in investor participation, with delivery volume rising by 1194.89% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context shows that while Kesar Terminals has had a strong year-to-date return of 25.56%, the benchmark Sensex has only increased by 6.62% during the same period. In the short term, the stock has outperformed the Sensex over the past week, gaining 6.77% compared to the benchmark's decline of 1.30%. This contrast highlights the stock's resilience and positive momentum relative to the broader market, contributing to its rising price.
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