Why is KRN Heat Exchan falling/rising?
As of 14-Jul, KRN Heat Exchanger and Refrigeration Ltd's stock price is declining at 885.60, down 0.47%, with a total drop of 5.51% over the last four days. Despite this short-term downturn, the company has strong fundamentals, including a 23.03% return over the past month and a 26.27% year-to-date increase.
As of 14-Jul, KRN Heat Exchanger and Refrigeration Ltd is experiencing a decline in its stock price, currently at 885.60, which reflects a decrease of 4.2 points or 0.47%. The stock has underperformed its sector by 0.81% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 5.51% during this period. Despite this recent downturn, the stock has shown strong performance over the past month with a return of 23.03%, and year-to-date it has increased by 26.27%. The company exhibits high management efficiency with a return on equity of 20.30% and a low debt to EBITDA ratio of 0.37 times, indicating a strong ability to service its debt. Additionally, net sales have grown at an annual rate of 32.00%, and institutional investors have increased their stake, suggesting confidence in the company's fundamentals.Broader Market Context: In the context of the broader market, KRN Heat Exchanger's short-term performance has been notably weaker than the benchmark, with a 1-week return of -5.08% compared to the Sensex's -1.42%. This underperformance may reflect broader market sentiments or sector-specific challenges that are impacting investor confidence. While the stock has shown healthy long-term growth, the recent decline in delivery volume by 57.04% against the 5-day average indicates falling investor participation, which could be contributing to the current price movement. Overall, while the company has strong fundamentals, the recent price decline suggests that market dynamics and investor sentiment are currently weighing on the stock.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
