Kalyani Investment Company's Stock Sees -7.78% Decline, Outperforms Market in Short Term

Kalyani Investment Company, a smallcap finance and non-banking financial company (NBFC), saw a decline of -7.78% in its stock on November 13, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock opened with a loss of -2.65% and touched an intraday low of Rs 6502.05 (-6.93%). It has been on a downward trend for the last 2 days, with a fall of -10.39% in this period. However, the stock's moving averages are still higher than the 50 day, 100 day, and 200 day moving averages, but lower than the 5 day and 20 day moving averages.

In the finance/NBFC sector, Kalyani Investment Company's performance has been in line with the overall trend, with a decline of -2.12%. This is in contrast to the Sensex's performance, which saw a decline of only -1.22% on the same day.

Over the past month, Kalyani Investment Company's stock has seen a positive growth of 6.12%, while the Sensex has seen a decline of -4.50%. This shows that the company's stock has been performing better than the overall market in the short term.

Investors should note that this article is based on factual information and does not include any external data or sources. It is important to conduct thorough research and analysis before making any investment decisions.