KKRRAFTON Developers' Stock Declines -5.0% in Line with MarketsMOJO's 'Sell' Recommendation

Oct 07 2024 09:30 AM IST
share
Share Via
On October 7th, 2024, KKRRAFTON Developers, a midcap IT software company, saw a -5.0% decline in its stock price, in line with the 'Sell' recommendation by MarketsMojo. Despite hitting a new high of Rs.884.4, the stock underperformed the sector by -5.37% and showed high volatility. However, it is currently trading above its moving averages, indicating a positive trend.

KKRRAFTON Developers, a midcap IT software company, experienced a decline of -5.0% in its stock price on October 7th, 2024. This decline was in line with the recommendation of 'Sell' given by MarketsMOJO.

The stock opened with a gain of 5% today, hitting a new 52-week and all-time high of Rs.884.4. However, it underperformed the sector by -5.37% and saw a trend reversal after 20 consecutive days of gains. The stock also showed high volatility, with an intraday volatility of 5%.

KKRRAFTON Developers is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the company's stock performance.

In comparison to the overall market performance, KKRRAFTON Developers' stock has shown a decline of -5.00% in the past day and a significant increase of 139.90% in the past month. This is in contrast to the Sensex's performance of 0.35% and 0.97% in the same time periods, respectively.

Investors should keep an eye on KKRRAFTON Developers' stock as it continues to show high volatility and a trend reversal after a period of consecutive gains. However, it is important to note that this article is based on factual information and does not offer any recommendations or predictions for the future potential of the company.
{{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