Why is Krishana Phosch. falling/rising?
As of 11-Jul, Krishana Phoschem Ltd's stock price is 437.40, with a year-to-date return of 118.33% and a long-term growth of 230.11% over three years, despite a recent decline in delivery volume. The company's strong financial performance and rising promoter confidence indicate positive investor sentiment about its future prospects.
As of 11-Jul, Krishana Phoschem Ltd's stock price is currently at 437.40, reflecting an increase of 3.35 (0.77%). Today's price summary indicates that the stock has outperformed its sector by 0.82%, although it has shown a decline in delivery volume, which fell by 39.06% against the 5-day average. Despite a recent 2.13% drop over the past week, the stock has demonstrated impressive long-term growth, with a year-to-date return of 118.33% and a 54.72% increase over the past year. The company has reported strong financial performance, including a 487.84% growth in net profit and consistent positive results over the last four quarters, which has contributed to rising promoter confidence as they have increased their stake by 0.63%.In the broader market context, while Krishana Phoschem Ltd has experienced a short-term decline, it has significantly outperformed the benchmark Sensex, which has only increased by 6.37% year-to-date. The stock's performance over the last three years shows a remarkable return of 230.11%, compared to the Sensex's 55.09%, indicating that it has consistently beaten market expectations. This strong long-term performance, combined with healthy growth metrics and rising promoter confidence, suggests that the stock's recent price increase may be a reflection of investor optimism about its future prospects, despite the short-term fluctuations in trading volume.
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