KRN Heat Exchanger Shows Strong Performance Amid Positive Market Trends

Jun 24 2025 11:05 AM IST
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KRN Heat Exchanger and Refrigeration has demonstrated notable activity, outperforming its sector and reaching an intraday high. The stock is trading above key moving averages, indicating a bullish trend. Despite recent challenges, its year-to-date performance remains strong compared to broader market indices.
KRN Heat Exchanger and Refrigeration has shown significant activity today, gaining 5.17% as of June 24, 2025. The stock outperformed its sector by 5.55%, reflecting a strong performance in a positive market environment. It reached an intraday high of Rs 850, marking a 5.32% increase during the trading session.

In terms of moving averages, KRN Heat Exchanger is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend in its short to long-term performance. Over the past week, the stock has surged by 14.86%, significantly outpacing the Sensex, which gained only 1.38% in the same period.

Despite a challenging three-month performance, where KRN Heat Exchanger declined by 7.59%, its year-to-date performance stands at a robust 22.49%, compared to the Sensex's 5.84%. The company remains a midcap player in the Other Industrial Products sector, navigating through a market that is currently buoyed by small-cap stocks, with the BSE Small Cap index rising by 1.03%.
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