Recent Price Movement and Market Performance
The stock’s decline on 13-Jan is part of a broader downward trend. Over the past week, K G Denim has lost 2.08%, underperforming the Sensex’s 1.69% fall. The one-month and year-to-date returns are also negative at -5.66% and -5.21% respectively, compared to the Sensex’s more modest declines of -1.92% and -1.87%. More strikingly, the stock has delivered a steep negative return of -28.92% over the last year, while the Sensex gained 9.56%. This trend extends over longer periods, with the stock falling nearly 48% over three years and 43% over five years, in stark contrast to the Sensex’s robust gains of 39% and 69% respectively.
Technical Indicators and Investor Sentiment
On the technical front, K G Denim...
Read full news article













