Krishna Institute of Medical Sciences Faces Short-Term Volatility Amid Long-Term Resilience

Krishna Institute of Medical Sciences, a key player in the Hospital & Healthcare Services sector, experienced a notable decline of 3.81% on January 13, 2025. This drop contributes to a broader downward trend, with the stock losing 5.2% over the past two days. Earlier in the day, it reached a new 52-week high of Rs. 674, reflecting a 3.62% increase at one point, but subsequently fell to a low of Rs. 625.7. In terms of performance, the stock's one-day decline of 4.14% stands in contrast to the Sensex's decrease of 1.16%. However, over the past month, Krishna Institute of Medical Sciences has shown resilience with a gain of 5.69%, while the Sensex has dropped by 6.88%. Currently, the stock is positioned above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average, indicating mixed short-term and long-term trends.