Why is Krishna Defence falling/rising?

Aug 21 2025 11:28 PM IST
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As of 21-Aug, Krishna Defence & Allied Industries Ltd's stock price is at 794.85, down 0.9%, and has underperformed its sector. Despite a modest weekly increase, it has declined 6.36% over the past month, while showing a year-to-date gain of 1.82% and a yearly increase of 28.63%.
As of 21-Aug, Krishna Defence & Allied Industries Ltd is experiencing a decline in its stock price, currently at 794.85, reflecting a decrease of 7.2 points or 0.9%. The stock has underperformed its sector today by 1.48%. While the stock is higher than its 5-day and 200-day moving averages, it is lower than its 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has seen a modest increase of 0.61%, but it has declined by 6.36% over the past month. Year-to-date, the stock is up by 1.82%, and it has shown a significant increase of 28.63% over the past year. Notably, there has been a rise in investor participation, with delivery volume increasing by 59.09% against the 5-day average, indicating some positive interest despite the current price drop. There are no specific positive or negative factors available to further explain the stock's recent movement.

In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has increased by 1.84% over the past week. This underperformance relative to the benchmark may contribute to the downward pressure on the stock price. Additionally, the Sensex has shown a minimal decline of just 0.03% over the past month, contrasting with Krishna Defence's more significant drop, suggesting that broader market trends may not be favoring the stock at this time.
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