KRN Heat Exchanger Shows Strong Rebound Amid Broader Market Challenges

KRN Heat Exchanger and Refrigeration has shown significant activity today, gaining 6.7% as of July 30, 2025. This performance marks a notable trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. The stock outperformed its sector by 6.18%, reflecting its strong position within the industrial products industry.
Today, KRN Heat Exchanger reached an intraday high of Rs 876.4, representing a 7.4% increase. The stock exhibited high volatility, with an intraday fluctuation of 5.6%, calculated from the weighted average price. Importantly, KRN is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust performance relative to its historical trends.

In the broader market context, the Sensex opened higher at 81,594.52, gaining 256.57 points, although it remains below its 50-day moving average. While the Sensex has faced a decline over the past three weeks, KRN Heat Exchanger's performance stands out, with a year-to-date increase of 24.00%, significantly outperforming the Sensex's 4.11% gain.