Why is Kirl. Ferrous falling/rising?
As of 19-Sep, Kirloskar Ferrous Industries Ltd is currently priced at 549.00, reflecting a recent increase but has underperformed year-to-date with a decline of 14.14%. Despite strong management efficiency and increased investor participation, the stock's short-term performance lags behind the benchmark Sensex.
As of 19-Sep, Kirloskar Ferrous Industries Ltd is experiencing a price increase, currently at 549.00, reflecting a rise of 3.7 (0.68%). Today's price summary indicates that the stock has outperformed its sector by 0.54% and has shown a trend reversal after two consecutive days of decline. Although the stock is currently trading higher than its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 0.40%, and over the past month, it has fallen by 1.17%. However, it has shown strong investor participation with a delivery volume increase of 364.77% compared to the 5-day average. The company also exhibits high management efficiency with a return on capital employed (ROCE) of 15.63% and a low debt-to-EBITDA ratio of 1.35 times, which supports its ability to service debt effectively.In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has gained 0.88% over the past week and 1.20% over the past month. Despite the recent price increase, the stock has underperformed significantly year-to-date, down 14.14%, compared to the Sensex's gain of 5.74%. The stock has generated a return of -21.37% over the past year, while the Sensex has remained relatively flat with a decrease of only 0.67%. This context highlights the challenges faced by Kirloskar Ferrous Industries Ltd in the current market environment, despite some positive indicators in management efficiency and debt servicing capabilities.
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