Why is Kilitch Drugs falling/rising?
As of 24-Sep, Kilitch Drugs (India) Ltd's stock price is declining at 350.75, down 0.47%, and has lost 3.6% over the last five days, trading below all key moving averages. Despite a positive year-to-date return, its recent performance is lagging behind the benchmark Sensex.
As of 24-Sep, Kilitch Drugs (India) Ltd is experiencing a decline in its stock price, currently at 350.75, which reflects a decrease of 1.65 or 0.47%. The stock has been on a downward trend, losing value for the last five consecutive days and showing a total decline of 3.6% over this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 24.16% compared to the 5-day average, suggesting a drop in investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, Kilitch Drugs' performance over the past week has been notably worse than the benchmark Sensex, which has only declined by 1.18% during the same period. Over the past month, the stock has dropped 13.38%, contrasting sharply with the Sensex's modest gain of 0.50%. Despite a positive year-to-date return of 8.59% compared to the Sensex's 4.58%, the recent short-term performance indicates a struggle for the stock amidst broader market conditions.
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