Short-Term Price Movement and Market Outperformance
Kallam Textiles Ltd’s stock price increase on 26 December is part of a recent upward trend, with the share price gaining 6.18% over the last two trading days. This short-term rally is further underscored by the stock outperforming its sector by 2.18% on the day, signalling renewed investor interest and relative strength within its industry segment. The stock’s current price is positioned above its 5-day and 20-day moving averages, indicating positive momentum in the near term. However, it remains below the longer-term 50-day, 100-day, and 200-day moving averages, suggesting that the broader trend is still under pressure.
Volume and Liquidity Considerations
Despite the price gains, investor part...
Read full news article









