Kabra Extrusion Technik's Stock Sees 7.29% Decline, But Still Performing Well in Long Term

Kabra Extrusion Technik, a smallcap company in the engineering industry, saw a decline of 7.29% in its stock price on September 26, 2024. This drop was in line with the overall performance of the sector, as the company underperformed by 6.4%. The stock touched an intraday low of Rs 430.05, a decrease of 6.44%.

Despite this recent decline, Kabra Extrusion Technik's stock is still performing well in the long term. It is currently trading higher than its 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day and 20-day moving averages.

On the day of the decline, Kabra Extrusion Technik's stock performance was -6.94%, while the Sensex, India's benchmark index, had a positive performance of 0.88%. In the past month, the company's stock has seen a decline of 0.88%, while the Sensex has seen a positive performance of 5.16%.

It is important to note that this news article is based on factual information and does not include any speculation or recommendations. As a smallcap company in the engineering industry, Kabra Extrusion Technik's stock performance may fluctuate, but it is currently showing strong long-term performance. Investors should do their own research and make informed decisions before investing in any company.