KSB's Stock Sees Decline in Price, Rated as 'Hold' by MarketsMOJO

KSB, a midcap company in the compressors and pumps industry, has recently seen a decline in its stock price. On February 29, 2024, the company's stock lost -5.13%, closing at Rs. 3735.85. This decline has been reflected in the stock call given by MarketsMOJO, which has rated KSB's stock as 'Hold'.

The stock's performance today has underperformed the sector by -3.4%. This is the second consecutive day of losses for KSB, with a total decline of -6.55% in the past two days. The stock also opened with a gap down of -3.5% today and touched an intraday low of Rs. 3719.45, a decrease of -5.3%.

Despite these recent losses, KSB's moving averages are still higher than the 50-day, 100-day, and 200-day moving averages. However, the stock is currently lower than the 5-day and 20-day moving averages.

In comparison to the Sensex, KSB's performance in the past day and month has been -4.52% and 6.08%, respectively. This is lower than the Sensex's performance of 0.08% and 0.59% in the same time periods.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of KSB's stock. As a midcap company in the compressors and pumps industry, KSB's stock performance should be closely monitored by investors.