KKRRAFTON Developers Reaches All-Time High, Outperforms Sector and Sensex

Sep 30 2024 09:20 AM IST
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KKRRAFTON Developers, a midcap IT software company, has reached an all-time high price of Rs.727.65 on September 30, 2024. The stock has been performing well, outperforming the sector by 5% and gaining for the last 21 consecutive days. It has seen a remarkable increase of 172.83% in returns and is consistently trading above its moving averages.

KKRRAFTON Developers, a midcap IT software company, has recently reached an all-time high price of Rs.727.65 on September 30, 2024. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been performing well, outperforming the sector by 5% and gaining for the last 21 consecutive days. In this period, it has seen a remarkable increase of 172.83% in returns. Today, the stock opened with a gap up of 5% and touched an intraday high of Rs.727.65.

KKRRAFTON Developers has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong uptrend in its stock price.

In comparison to the Sensex performance, KKRRAFTON Developers has shown a significant increase in its stock price over the past year. However, it is important to note that this is not a recommendation to buy or sell the stock, but rather a fact-based analysis of its recent performance.

Overall, KKRRAFTON Developers has shown strong growth and performance in the IT software industry, making it a company to watch out for in the midcap segment.
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