Why is Sh. Krish. Infr. falling/rising?
As of 15-Sep, Shree Krishna Infrastructure Ltd's stock price is Rs. 28.47, having declined 9.99% and hitting a new 52-week low. The stock has significantly underperformed its sector and the broader market, with a year-to-date drop of 58.15% and trading below all key moving averages.
As of 15-Sep, Shree Krishna Infrastructure Ltd's stock price is currently at Rs. 28.47, reflecting a decline of 3.16 (-9.99%). The stock has hit a new 52-week low today and has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decrease of 18.98% during this period. Additionally, the stock has significantly underperformed its sector by 12.14%. Over the past week, the stock has experienced a staggering decline of 41.66%, and year-to-date, it has dropped 58.15%. The stock is trading below all key moving averages, indicating a bearish trend. There is no information available regarding positive or negative factors that could influence the stock's movement.Broader market context shows that while Shree Krishna Infrastructure Ltd has been declining, the benchmark Sensex has gained 1.24% over the past week and 4.67% year-to-date. This stark contrast highlights the stock's poor performance relative to the broader market. The construction and real estate sector, in which the company operates, has seen a slight increase of 2.28%, further emphasizing the company's struggles. Despite a notable rise in investor participation, with delivery volume increasing by 454.4% on September 12, the overall market sentiment and the company's significant losses suggest a challenging environment for the stock.
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