Kirloskar Ferrous Industries Ltd experiences decline in stock price, underperforms market

Oct 24 2024 02:45 PM IST
share
Share Via
The company operates in the steel, sponge iron, and pig iron industry and has seen a decrease of -6.33% in its stock value on that day. The stock has also been on a downward trend for the past two days and has fallen by -8.88% during this period. Its moving averages also indicate a downward trend, and it has significantly underperformed in comparison to the overall stock market.

Kirloskar Ferrous Industries Ltd (Kirl. Ferrous) has experienced a decline in its stock price on October 24, 2024. The company, which operates in the steel, sponge iron, and pig iron industry, saw a decrease of -6.33% in its stock value on that day.

According to MarketsMOJO, a leading stock market analysis platform, the current recommendation for Kirloskar Ferrous Industries is 'Sell'. The stock has also underperformed the sector by -5.27% on the same day.

This decline in stock price is a continuation of a downward trend for Kirloskar Ferrous Industries, as it has been losing for the past two days and has fallen by -8.88% during this period. On October 24, the stock touched an intraday low of Rs 595.3, which is a decrease of -6.3%.

The moving averages for Kirloskar Ferrous Industries also indicate a downward trend, as the stock is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the overall performance of the stock market, Kirloskar Ferrous Industries has significantly underperformed. On October 24, the stock's performance was -6.50%, while the Sensex's performance was only -0.05%. In the past month, the stock has also seen a decline of -16.07%, while the Sensex's performance was -5.74%.

Overall, Kirloskar Ferrous Industries Ltd has experienced a decline in its stock price on October 24, 2024, and has been underperforming in the market. Investors should carefully consider these factors before making any decisions regarding this stock.
{{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