Why is Krishana Phosch. falling/rising?
As of 19-Sep, Krishana Phoschem Ltd's stock price is 546.90, down 2.44%, with decreased delivery volume indicating lower investor participation. Despite recent declines, the company has strong long-term growth, with significant increases in net sales and profit, and institutional investors are showing confidence in its fundamentals.
As of 19-Sep, Krishana Phoschem Ltd's stock price is currently at 546.90, reflecting a decrease of 13.65 points or 2.44%. The stock has underperformed its sector today by 1.94%, and its delivery volume has significantly decreased by 37.45% compared to the 5-day average, indicating falling investor participation. Despite this decline, the company has shown strong long-term growth, with net sales and operating profit increasing at annual rates of 56.99% and 52.07%, respectively. Additionally, the company has reported positive results for the last five consecutive quarters, with a notable growth in net profit of 86.35%. Institutional investors have also increased their stake, suggesting confidence in the company's fundamentals.In the broader market context, the stock has underperformed the Sensex over the past week and month, with returns of -1.15% and -4.85%, respectively, while the Sensex has gained 0.85% and 1.39%. However, the stock has significantly outperformed the benchmark over the longer term, with a year-to-date return of 172.99% compared to the Sensex's 7.11%. This contrast highlights the stock's volatility and the potential for recovery, but the recent price drop indicates that short-term pressures are currently affecting investor sentiment.
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