Why is Sri KPR Inds. falling/rising?
As of 13-Oct, Sri KPR Industries Ltd's stock price is Rs 23.00, down 4.33%, with a total decline of 7.52% over the last two days. The stock is underperforming significantly compared to the benchmark Sensex, which has risen, indicating ongoing struggles in investor participation and price volatility.
As of 13-Oct, Sri KPR Industries Ltd is experiencing a decline in its stock price, currently at Rs 23.00, which reflects a decrease of Rs 1.04 or 4.33%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 7.52% during this period. Today's trading saw the stock reach an intraday high of Rs 24.96 but also dip to a low of Rs 22, indicating high volatility with an intraday fluctuation of 6.3%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a significant decrease in investor participation, with delivery volume dropping by 39.75% compared to the 5-day average.In the broader market context, the stock's performance over the past week shows a decline of 5.39%, while the benchmark Sensex has increased by 0.66%. Over the past month, Sri KPR Industries has decreased by 13.40%, contrasting with a slight gain of 0.52% in the Sensex. Year-to-date, the stock has fallen by 29.06%, while the benchmark has risen by 5.36%. This stark difference highlights the stock's ongoing struggles relative to the market, contributing to its recent price decline.
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