KKRRAFTON Developers' Stock Declines -5.0% Amidst Sell Recommendation by MarketsMOJO

KKRRAFTON Developers, a midcap IT software company, experienced a decline of -5.0% on October 9th, 2024. This decline was reflected in the stock call given by MarketsMOJO, which advised investors to sell the stock. The stock opened with a loss of -5% and touched an intraday low of Rs 722.2, underperforming the sector by -5.15%. This is the third consecutive day that KKRRAFTON Developers has been losing, with a total fall of -14.04% in this period. The stock's moving averages are higher than the 20 day, 50 day, 100 day, and 200 day averages, but lower than the 5 day average. In comparison to the Sensex performance, KKRRAFTON Developers' 1 day performance was -5.00%, while the Sensex had a positive performance of 0.17%. Over the past month, KKRRAFTON Developers has seen a significant increase of 106.23%, while the Sensex had a modest increase of 0.26%. Investors should take note of the recent decline in KKRRAFTON Developers' stock and the recommendation to sell by MarketsMOJO. It is important to carefully consider all available information before making any investment decisions.