Krishna Filament Industries Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Jun 03 2024 09:42 AM IST
share
Share Via
Krishna Filament Industries, a microcap textile company, has seen a significant decline in its stock price, hitting a 52-week low on June 3rd, 2024. This has resulted in a 'Strong Sell' call by MarketsMojo. The stock has been underperforming the sector and has been on a consecutive downward trend for the past 2 days. It is currently trading below its moving averages and has shown a -19.48% decline in the past year, indicating challenges in the current market conditions.

Krishna Filament Industries, a microcap textile company, has recently hit a 52-week low in its stock price on June 3rd, 2024. This has led to a 'Strong Sell' call by MarketsMOJO, a leading stock market analysis platform.

The stock has been underperforming the sector, with a -6.48% difference in performance today. It has also been on a consecutive downward trend for the past 2 days, with a -8.86% return during this period. Additionally, the stock has not been trading for 2 days out of the last 20 days, indicating erratic trading behavior.

Krishna Filament Industries is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its downward trend.

In the past year, the company's stock has seen a -19.48% decline, while the Sensex has shown a positive performance of 21.46%. This indicates a significant underperformance by Krishna Filament Industries.

As a microcap company in the textile industry, Krishna Filament Industries may face challenges in the current market conditions. Investors should carefully consider their options before making any investment decisions.
{{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