KKRRAFTON Developers' Stock Price Rises 5.0% and Hits All-Time High on October 4th

KKRRAFTON Developers, a midcap IT software company, saw a 5.0% increase in its stock price on October 4th, 2024. This rise was in line with the overall performance of the sector, as the company outperformed its peers by 5.21%. The stock also hit a new 52-week and all-time high of Rs.842.3 on the same day.

The stock has been on a consistent upward trend for the past 21 days, with a remarkable 178.35% increase in its value during this period. It opened with a gap up of 5% and touched an intraday high of Rs.842.3, trading at this price for the rest of the day.

KKRRAFTON Developers is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance in the market. However, according to MarketsMOJO, the stock has been given a 'Sell' call.

In comparison to the Sensex, KKRRAFTON Developers has outperformed with a 5.00% increase in its stock price, while the Sensex saw a decrease of -0.41% on the same day. Over the past month, the company's stock has shown a significant growth of 178.35%, while the Sensex has only seen a -0.23% change.

Overall, KKRRAFTON Developers has shown a strong performance in the market, with a consistent upward trend and outperforming its peers. However, investors should take note of the 'Sell' call given by MarketsMOJO and conduct their own research before making any investment decisions.