Why is Kisaan Parivar falling/rising?
As of 23-Sep, Kisaan Parivar Industries Ltd is priced at 25.43, having gained 2.68% over the last two days but underperforming its sector by 2.45%. Despite a short-term positive return, the stock has declined 56.75% year-to-date, indicating concerning long-term performance.
As of 23-Sep, Kisaan Parivar Industries Ltd is currently priced at 25.43, reflecting a slight increase of 0.05 or 0.2%. The stock has been gaining for the last two days, resulting in a total return of 2.68% during this period. However, it has underperformed its sector by 2.45%. Over the past week, the stock has shown a positive return of 1.72%, but it has experienced a significant decline of 8.19% over the past month and a staggering 56.75% year-to-date. The stock's current performance is higher than its 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. There is no information available regarding positive or negative factors affecting the stock.In the broader market context, the Sensex has decreased by 0.34% over the past week, indicating that while Kisaan Parivar has outperformed the benchmark in the short term, its longer-term performance remains concerning, with a year-to-date decline of 56.75% compared to the Sensex's gain of 5.07%. The sector of Solvent Extraction has seen a gain of 3.67%, which may suggest that the overall market conditions are somewhat favorable, yet the falling investor participation, with a delivery volume decrease of 24.03% against the 5-day average, could be a negative signal for Kisaan Parivar's future performance.
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