Why is Krishna Defence falling/rising?

Jun 23 2025 10:48 PM IST
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As of 23-Jun, Krishna Defence & Allied Industries Ltd is currently priced at 957.40, reflecting a 5.83% increase and strong performance compared to its sector and the benchmark Sensex. Despite a significant drop in delivery volume, the stock has shown impressive long-term growth, indicating positive investor sentiment.
As of 23-Jun, Krishna Defence & Allied Industries Ltd is experiencing a price increase, currently at 957.40, reflecting a rise of 52.75 or 5.83%. The stock has shown strong performance today, outperforming its sector by 2.82%. Additionally, it is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has gained 0.55%, and in the last month, it has surged by 20.85%. However, there has been a notable decline in investor participation, with delivery volume dropping by 63.71% compared to the 5-day average, which may raise concerns about sustainability in the stock's upward movement.

In the broader market context, Krishna Defence's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.10% over the past week. Year-to-date, the stock has risen by 22.64%, compared to the Sensex's 5.61% gain, indicating a strong relative performance. The stock's impressive long-term return of 1400.63% over three years further highlights its robust growth trajectory, contrasting sharply with the Sensex's 60.52% increase during the same period. This strong performance, despite the recent drop in delivery volume, suggests that investor sentiment remains positive, contributing to the stock's rising price.
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