Why is Kesar India falling/rising?

Jun 12 2025 10:41 PM IST
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As of 12-Jun, Kesar India Ltd's stock price is Rs 566.60, down 5.0% and has declined 29.96% year-to-date, significantly underperforming the Sensex, which has gained 4.55%. The stock is trading below all major moving averages, indicating a bearish trend and reduced investor interest.
As of 12-Jun, Kesar India Ltd is experiencing a decline in its stock price, currently at Rs 566.60, which represents a decrease of Rs 29.8 or 5.0%. The stock has been underperforming significantly, having fallen for the last three days with a total decline of 9.34% during this period. Additionally, it is trading below all major moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The stock's performance over the past week shows a decline of 10.49%, and it has dropped 29.96% year-to-date, contrasting sharply with the Sensex, which has gained 4.55% during the same timeframe. There is also a notable decrease in investor participation, with delivery volume dropping by 54.55% compared to the 5-day average, suggesting reduced interest in the stock.

In the broader market context, Kesar India's short-term performance is significantly lagging behind the benchmark Sensex, which has shown a slight increase of 0.31% over the past week. This underperformance is further highlighted by the stock's year-to-date decline of nearly 30%, while the Sensex has remained positive. The overall market sentiment appears to be more favorable towards the benchmark, which may be contributing to the negative momentum surrounding Kesar India Ltd. The lack of available positive factors further exacerbates the stock's challenges, leaving it vulnerable to continued declines in the current market environment.
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