Kirloskar Ferrous Industries Ltd faces -6.02% decline in stock price, given 'Sell' call by MarketsMOJO

Kirloskar Ferrous Industries Ltd (KFIL) has recently faced a decline in its stock price, losing -6.02% on October 23, 2024. This midcap company, which operates in the steel, sponge iron, and pig iron industry, has been given a 'Sell' call by MarketsMOJO.

The stock's performance today has underperformed the sector by -5.34%, with a gap down opening of -2.99%. The day's low for the stock was Rs 621.4, a decrease of -5.96% from the previous day's closing price. KFIL is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, KFIL's 1-day performance is -6.69%, while the Sensex's performance is -0.22%. Over the past month, KFIL's performance has been -11.24%, while the Sensex's performance has been -5.75%.

Despite the recent decline in stock price, it is important to note that this article is not making any recommendations or mentioning any potential for future growth. The information provided is based on facts and figures, without any influence from investor interest or expert opinions. As a midcap company in the steel industry, KFIL's performance may be affected by various factors, and it is important for investors to conduct their own research before making any decisions.