Kirloskar Brothers Stock Declines by -5.24% on October 25th, Reflecting Current Market Conditions.

Kirloskar Brothers, a leading manufacturer of compressors and pumps, has seen a decline in its stock price by -5.24% on October 25th, 2024. This underperformance is reflected in the stock's current 'Hold' rating by MarketsMOJO.

The stock has been on a downward trend for the past 5 days, with a consecutive fall of -11.64% during this period. On the day of October 25th, the stock touched an intraday low of Rs 1635, a decrease of -5.24%. While the stock's performance is higher than its 200 day moving average, it is lower than its 5 day, 20 day, 50 day, and 100 day moving averages.

In the overall sector of Compressors / Pumps, there has been a decline of -2.88%. This could be attributed to the current market conditions and the impact of the pandemic on the industry.

Comparing the performance of Kirloskar Brothers to the Sensex, the stock has underperformed with a -5.19% decrease in the past day and a -4.17% decrease in the past month. In comparison, the Sensex has seen a decrease of only -0.61% in the past day and -6.57% in the past month.

Despite the recent decline in stock price, Kirloskar Brothers remains a strong player in the compressors and pumps industry. With its established reputation and quality products, the company is well-positioned to bounce back and continue its growth in the midcap market.