KFIL Stock Shows Strong Performance Despite 'Sell' Call from MarketsMOJO

Oct 28 2024 01:30 PM IST
share
Share Via
Today, Kirloskar Ferrous Industries Ltd (KFIL) gained 5.41% in the stock market, outperforming its sector by 2.83%. Despite a 'Sell' call from MarketsMojo, KFIL showed a trend reversal and a volatile trading day. However, with a bearish trend in moving averages and underperformance compared to the overall market, caution is advised for investors.

Kirloskar Ferrous Industries Ltd (KFIL) has shown a positive trend in the stock market today, gaining 5.41% on 2024-10-28. The stock has been given a 'Sell' call by MarketsMOJO, indicating a potential downside in the near future.

Despite this, KFIL has outperformed its sector by 2.83% today, showing a strong performance compared to its peers. The stock has also shown a trend reversal, gaining after three consecutive days of falling.

The stock reached an intraday high of Rs 605.5, a 4.8% increase, and an intraday low of Rs 565, a 2.21% decrease. This shows a volatile trading day for KFIL.

In terms of moving averages, KFIL is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend for the stock.

In comparison to the overall market performance, KFIL has shown a strong 1-day performance of 5.41% compared to the Sensex's 1.22%. However, over the past month, KFIL has underperformed the Sensex with a -10.38% decrease compared to the Sensex's -6.08%.

Overall, KFIL has shown a positive performance today, but with a 'Sell' call from MarketsMOJO and a bearish trend in moving averages, investors should proceed with caution when considering this midcap steel/sponge iron/pig iron company.
{{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
Why is Kirl. Ferrous falling/rising?
Dec 03 2025 12:41 AM IST
share
Share Via
Are Kirl. Ferrous latest results good or bad?
Nov 18 2025 07:30 PM IST
share
Share Via
Is Kirl. Ferrous overvalued or undervalued?
Nov 18 2025 08:19 AM IST
share
Share Via
How has been the historical performance of Kirl. Ferrous?
Nov 17 2025 11:02 PM IST
share
Share Via
Is Kirl. Ferrous overvalued or undervalued?
Nov 17 2025 08:07 AM IST
share
Share Via