Why is Kanungo Financi. falling/rising?
As of 13-Nov, Kanungo Financiers Ltd's stock price has risen to 8.38, up 4.88%, with a notable 14.32% increase over the past week. However, despite recent gains, the stock has declined by 49.67% over the last three years, indicating ongoing challenges in investor confidence.
As of 13-Nov, Kanungo Financiers Ltd is experiencing a price increase, with its current price at 8.38, reflecting a change of 0.39 or 4.88% upward. The stock has shown strong performance recently, gaining 19.89% over the last four days and outperforming its sector by 4.9% today. In terms of returns, the stock has increased by 14.32% over the past week, while its one-month return stands at 0.96%. However, it is important to note that the stock's delivery volume has decreased by 33.85% compared to the five-day average, indicating a potential decline in investor participation. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context shows that while Kanungo Financiers Ltd has outperformed the Sensex by a significant margin in the short term, with a weekly return of 14.32% compared to the Sensex's 1.40%, its longer-term performance remains weak. Over the past three years, the stock has declined by 49.67%, while the Sensex has risen by 36.71%. This stark contrast highlights the challenges faced by the company in maintaining investor confidence despite recent gains.
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