S H Kelkar & Company Experiences Notable Revision in Its Stock Evaluation

Jan 07 2025 09:50 AM IST
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S H Kelkar & Company has recently undergone a revision in its score following a notable decline in stock performance. The company, a small-cap player in the chemicals sector, has faced consecutive losses, underperforming against its peers and broader market indices. Additionally, it has been added to MarketsMojo's list, reflecting ongoing evaluation adjustments.
S H Kelkar & Company, a small-cap player in the chemicals industry, has recently experienced a notable adjustment in its evaluation. The stock has faced a challenging period, with a decline of 7.25% on January 7, 2025, underperforming its sector by 7.11%. This downturn marks a continuation of a two-day losing streak, during which the stock has recorded a total drop of 11.03%.

In terms of performance metrics, S H Kelkar & Company has been trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock reached an intraday low of Rs 228.85, reflecting a decrease of 7.35% during the trading session. Over the past month, the stock has seen a significant decline of 17.80%, contrasting with the Sensex's performance of -4.32%.

In light of these developments, S H Kelkar & Company has been added to MarketsMOJO's list, indicating a shift in its standing within the market landscape.
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