KKRRAFTON Developers' Stock Declines by 5%, Given 'Sell' Call by MarketsMOJO

Oct 08 2024 09:30 AM IST
share
Share Via
On October 8th, 2024, KKRRAFTON Developers, a midcap IT software company, saw a -5.0% decline in its stock and has been given a 'Sell' call by MarketsMojo. The stock has been on a consecutive fall for the last 2 days, with a total decline of -9.75%. Despite higher moving averages, it has been on a downward trend in the short term. In comparison to the Sensex, its performance has been significantly lower in the last 1 day and 1 month. Investors should monitor its performance in the coming days.

KKRRAFTON Developers, a midcap IT software company, saw a decline of -5.0% in its stock on October 8th, 2024. According to MarketsMOJO, the stock has been given a 'Sell' call. The stock underperformed the sector by -4.91% and has been on a consecutive fall for the last 2 days, with a total decline of -9.75% during this period. It opened with a gap down of -5% and touched an intraday low of Rs 760.2. The stock has been trading at this price since then.

Despite the recent decline, KKRRAFTON Developers' moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day moving average. This indicates that the stock has been on a downward trend in the short term.

In comparison to the Sensex, KKRRAFTON Developers' performance in the last 1 day and 1 month has been -5.00% and 127.91% respectively. This is significantly lower than the Sensex's performance of 0.19% and 0.03% in the same time periods.

Investors should keep an eye on KKRRAFTON Developers' stock performance in the coming days to see if it continues to underperform the sector and the Sensex.
{{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