Kennametal India's Resilience Highlights Midcap Strength Amid Broader Market Challenges

Mar 12 2025 11:05 AM IST
share
Share Via
Kennametal India experienced notable activity on March 12, 2025, rebounding after two days of decline. The stock outperformed its sector and opened with a significant gain, reaching an intraday high. Despite mixed moving averages, its performance underscores resilience in a challenging market environment.
Kennametal India has shown significant activity today, gaining 6.46% on March 12, 2025. This performance marks a notable trend reversal, as the stock has bounced back after two consecutive days of decline. Opening with a substantial gain of 11.34%, Kennametal India reached an intraday high of Rs 2395.

In terms of market performance, Kennametal India has outperformed its sector by 7.65% today. However, its moving averages indicate a mixed picture; while the stock is above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex experienced a sharp reversal after a positive opening, currently trading at 73,850.40, down 0.34%. The index is now 4.9% away from its 52-week low and is trading below its 50-day moving average, which is also below the 200-day moving average.

Overall, Kennametal India's recent performance highlights its resilience in a challenging market environment, reflecting its midcap status within the engineering industry.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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