KPR Mill among 4 stocks closing below VWAP
K P R Mill is in focus with October 8 in focus.
· ET Stocks, Economic Times Markets
Four Nifty 500 stocks closed more than 2% below their respective VWAPs on October 8, indicating that they ended the session below their volume-weighted average traded prices, according to StockEdge’s technical scan data.
Key facts
- Dates in focus
- October 8
The analysis
K P R Mill reported movement of 2%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -4.6% on the day at ₹1,050.60, and has returned -4.1% over three months. It sits 14% below its 52-week high. The textiles sector has moved +0.6% over the same period, so K P R Mill is running 4.7 points behind its peers.
For K P R Mill, the question is how much of this is already reflected in the price and how much re-rates the textiles peer set alongside it.
Market context
- The company directly in focus is KPRMILL.
- Sector exposure: Textiles.