Why is Kennametal India falling/rising?

Aug 12 2025 09:43 PM IST
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As of 12-Aug, Kennametal India Ltd's stock price is at 2,060.00, having increased by 0.73% after a six-day decline. Despite this short-term gain, the stock has significantly underperformed over the long term, with a year-to-date decline of 30.56% and ongoing challenges in growth and financial results.
As of 12-Aug, Kennametal India Ltd's stock price is currently at 2,060.00, reflecting an increase of 15.0 (0.73%). The stock has shown a trend reversal, gaining after six consecutive days of decline, and it outperformed its sector by 0.68% today. Despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 30.56% and a one-year return of -36.32%. The company has a low debt-to-equity ratio, which is a positive factor, but it also faces challenges such as poor long-term growth and disappointing recent financial results, including a significant drop in profit after tax.

In the broader market context, the Sensex has seen a slight decline of 0.59% over the past week, while Kennametal India has dropped by 3.08% in the same period, indicating that the stock's recent rise is somewhat isolated from the overall market trend. The stock's performance has been below par compared to the benchmark indices over the last three years, one year, and three months, which suggests that while there may be short-term gains, the long-term outlook remains concerning.
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