Kansai Nerolac Paints' Stock Performance Shows Positive Trend, Outperforms Sector by 4.34%
On November 22, 2024, Kansai Nerolac Paints' stock showed a positive trend, gaining 5.09% and outperforming the sector by 4.34%. This follows two days of decline, indicating a possible reversal. The stock is currently trading above the 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day moving averages. Despite market volatility, the company has outperformed the Sensex by 4.70% in the last day and -2.75% in the last month. With a 'Hold' call from MarketsMojo, Kansai Nerolac Paints, a leading player in the paints industry, continues to show strong performance and remains a promising player in the market.
Kansai Nerolac Paints, a leading player in the paints industry, saw a positive trend in its stock performance on November 22, 2024. The company's stock gained 5.09%, outperforming the sector by 4.34%. This comes after two consecutive days of fall, indicating a possible trend reversal.
The stock touched an intraday high of Rs 268.5, showing a significant increase of 5.11%. However, it is currently trading higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the overall market performance, Kansai Nerolac Paints has outperformed the Sensex by 4.70% in the last 1 day and -2.75% in the last 1 month. This shows a strong performance by the company despite the market volatility.
MarketsMOJO, a leading stock analysis platform, has given a 'Hold' call for Kansai Nerolac Paints. This indicates a neutral stance on the stock and suggests investors to hold on to their current positions.
Kansai Nerolac Paints, being a largecap company, has a strong presence in the paints industry. With its consistent performance and positive stock trend, it continues to be a promising player in the market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
