Kaveri Seed Co. Stock Faces Downward Trend, Underperforms Sector by -1.85%

Nov 13 2024 03:05 PM IST
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Kaveri Seed Company, a smallcap agri-seeds company, has seen a decline in its stock performance, with a -7.21% loss on November 13, 2024. This has led to a 'Hold' call by MarketsMojo. The stock has consistently fallen in the past four days, trading below its moving averages. The agri-seeds sector has also seen a -6.56% decline, while the Sensex has only seen a -1.35% decrease. This article presents factual information and does not provide any recommendations or discuss potential future performance.

Kaveri Seed Company, a smallcap company in the agri-seeds industry, has been facing a downward trend in its stock performance. On November 13, 2024, the company's stock lost -7.21%, underperforming the sector by -1.85%. This has led to a 'Hold' call by MarketsMOJO for the stock.

In the past four days, Kaveri Seed Co. has been consistently losing, with a total fall of -12% in returns. On the same day, the stock touched an intraday low of Rs 825.2, a decrease of -7.07%. The company's stock is also trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

The agri-seeds sector as a whole has also seen a decline of -6.56%, further adding to the negative trend for Kaveri Seed Company. In comparison, the Sensex has only seen a -1.35% decrease in performance in the past day and a -4.63% decrease in the past month.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss potential future performance. As a smallcap company in the agri-seeds industry, Kaveri Seed Company's current stock performance may be a cause for concern for investors.
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