Kalyani Forge Ltd Surges 19.99% Today, Reversing Two-Day Loss Streak and Reaching Rs 789.8 High
Kalyani Forge Ltd is experiencing notable buying activity, with a significant stock increase today, contrasting with a slight decline in the Sensex. The stock has shown strong performance over the past week and month, consistently trading above key moving averages, indicating a solid market position in the industry.
Kalyani Forge Ltd is witnessing significant buying activity, with the stock surging by 19.99% today, contrasting sharply with the Sensex, which has seen a slight decline of 0.05%. This performance marks a notable trend reversal, as Kalyani Forge gained after two consecutive days of decline. The stock opened with a gap up of 5.96%, indicating strong initial demand, and reached an intraday high of Rs 789.8.Over the past week, Kalyani Forge has increased by 20.49%, significantly outperforming the Sensex's 1.11% gain. The stock's one-month performance stands at 9.69%, while the Sensex has only managed a 1.36% increase. Year-to-date, Kalyani Forge has risen by 15.57%, compared to the Sensex's 4.79%.
The stock's robust performance can be attributed to its consistent trading above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend suggests a strong market position within the castings and forgings industry, contributing to the heightened buying pressure observed today.
{{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
