Kennametal India Hits Day High with Strong 7.51% Intraday Surge
Kennametal India has experienced notable activity, rising significantly after two days of decline, indicating a potential trend reversal. The stock has outperformed its sector and is trading above key moving averages, reflecting positive momentum. Despite a challenging year, it has shown resilience and impressive long-term growth.
Kennametal India has shown significant activity today, gaining 7.51% as it reached an intraday high of Rs 2421.95, marking an increase of 8.48%. This performance comes after two consecutive days of decline, indicating a potential trend reversal. The stock has outperformed its sector by 7.05%, reflecting a strong recovery in the small-cap industrial manufacturing space.In terms of moving averages, Kennametal India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum in its price action. Over the past week, the stock has risen by 12.86%, significantly outpacing the Sensex, which has gained only 0.38% today.
Despite a challenging year, with a 16.91% decline compared to the Sensex's 9.14% increase, Kennametal India has demonstrated resilience in the short term. The stock's performance over the last five years shows a remarkable increase of 218.25%, compared to the Sensex's 95.18%, highlighting its long-term growth potential within the market.
{{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
