Why is KN Agri Resource falling/rising?
As of 17-Nov, KN Agri Resources Ltd's stock price is at 210.00, down 3.69%, and has underperformed its sector by 4.98%. The stock has declined 20.75% year-to-date, indicating weak performance compared to the broader market, which has gained 10.02% this year.
As of 17-Nov, KN Agri Resources Ltd is experiencing a decline in its stock price, currently at 210.00, which reflects a decrease of 8.05 or 3.69%. The stock has underperformed its sector by 4.98% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 5.72%, and it has shown a significant decline of 20.75% year-to-date. Despite a notable increase in delivery volume by 169.23% on November 14, the overall performance remains weak, indicating a lack of positive momentum. There are no positive or negative factors available to provide further context on the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.72% over the past week, KN Agri Resources Ltd's performance is significantly lagging. The broader market has shown resilience with a year-to-date gain of 10.02%, contrasting sharply with the stock's substantial decline. This disparity suggests that investor sentiment may be favoring the broader market over KN Agri Resources, contributing to the stock's downward trajectory.
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