Why is KP Green Engg. falling/rising?
As of 31-Oct, KP Green Engineering Ltd is currently priced at Rs 590.50, reflecting a recent gain and strong performance, outperforming its sector and the Sensex in the short term. However, its year-to-date performance shows it has underperformed the Sensex over the past year.
As of 31-Oct, KP Green Engineering Ltd is experiencing a price increase, currently at Rs 590.50, reflecting a rise of Rs 8.8 or 1.51%. The stock has shown strong performance recently, with a consecutive gain over the last three days, resulting in a total return of 7.54% during this period. It has outperformed its sector by 2.03% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 197.62% compared to the 5-day average. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, KP Green Engineering Ltd has outperformed the Sensex in the short term, with a 1-week return of +8.71% compared to the benchmark's -0.32%. Over the past month, the stock has also shown a strong return of +12.85%, while the Sensex has gained only +3.65%. Despite a year-to-date return of +5.37% for KP Green Engineering, it has underperformed the Sensex over the past year, which has increased by +5.73%. This indicates that while the stock is currently on an upward trajectory, its long-term performance relative to the benchmark has been less favorable.
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