KIFS Financial Services Hits 52-Week Low Amid Broader Sector Decline

KIFS Financial Services has reached a new 52-week low, with its stock price hitting Rs. 135 on January 13, 2025. This decline is notable as the stock has underperformed its sector by 3.07% today, contributing to an overall drop of 8.39% over the past two days. The trading session opened with a gap down of 5.1%, and the stock recorded an intraday low of Rs. 135, reflecting a significant drop of 10.6% at its lowest point. The session has been marked by high volatility, with an intraday volatility rate of 5.59%. Currently, KIFS Financial Services is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In the broader context, the Finance/NBFC sector has also experienced a decline, falling by 2.71%. Over the past year, KIFS Financial Services has seen a performance drop of 12.11%, contrasting with the Sensex, which has gained 5.27% during the same period.