Why is Krishna Defence falling/rising?
As of 18-Nov, Krishna Defence & Allied Industries Ltd's stock price is 802.95, down 1.0%, with increased investor participation but underperformance compared to the Sensex. The stock has shown a 2.46% increase over the past month, yet its year-to-date return of 2.86% lags behind the Sensex's 9.58%.
As of 18-Nov, Krishna Defence & Allied Industries Ltd is experiencing a decline in its stock price, currently at 802.95, which reflects a decrease of 8.15 or 1.0%. The stock's performance today is in line with the sector, and it is trading above its 20-day, 50-day, and 200-day moving averages, but below its 5-day and 100-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 158.27% against the 5-day average. In terms of returns, the stock has shown a positive performance over the past month with a 2.46% increase, but it has underperformed compared to the benchmark Sensex, which has risen by 0.84% over the same period.In the broader market context, while Krishna Defence has had a solid year-to-date return of 2.86%, it lags behind the Sensex's impressive 9.58% gain. Over the past year, the stock has increased by 14.01%, which is slightly lower than the Sensex's 10.47% rise. The liquidity of the stock is adequate, as it is based on 2% of the 5-day average traded value, allowing for trades of Rs 0.12 crore. However, the absence of specific positive or negative factors in the dashboard limits a deeper analysis of the reasons behind the stock's recent movement.
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