News and Views
Recent Price Movement and Market Performance
Kirloskar Electric’s stock has been on a downward trajectory, hitting a new 52-week low of ₹90.6 on the same day. The share price has declined by 5.87% over the past week, significantly underperforming the Sensex, which remained almost flat with a marginal 0.01% change. Over the last month, the stock has fallen by 11.31%, compared to the Sensex’s modest 1.31% decline. Year-to-date, the stock has lost 12.24%, while the benchmark index has only dipped by 1.94%.
More strikingly, the stock has endured a severe 48.10% loss over the past year, contrasting sharply with the Sensex’s 8.47% gain during the same period. Although the company’s five-year returns remain robust at 487.78%, outperforming the Sensex’s 70.43%, the recent tren...
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