KRN Heat Exchanger Shows Strong Reversal Amidst Market Volatility and Outperformance

KRN Heat Exchanger and Refrigeration has shown significant activity today, gaining 9.11% as of August 22, 2025. This performance marks a notable trend reversal after two consecutive days of decline. The stock opened with a gain of 2.4% and reached an intraday high of Rs 958, reflecting a 9.86% increase at its peak.
In terms of volatility, KRN experienced an intraday fluctuation of 7.48%, indicating a highly dynamic trading environment. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum in the short to medium term.

Comparatively, KRN Heat Exchanger and Refrigeration has outperformed the broader market, with a 1-day performance of 7.72% against the Sensex's decline of 0.68%. Over the past week, the stock has risen by 9.97%, while the Sensex has only increased by 1.05%. Year-to-date, KRN has achieved a remarkable 33.93% gain, significantly surpassing the Sensex's 4.23% performance. This data highlights KRN's robust position within the industrial products sector amidst a challenging market backdrop.