News and Views
Recent Price Movement and Market Performance
Kirloskar Pneumatic’s shares have been under pressure, declining by 5.20% over the past week compared to a marginal 0.06% dip in the Sensex. The stock has also lost over 10% in the last month, while the benchmark index gained 0.82% during the same period. Year-to-date, the stock has plunged 31.00%, starkly contrasting with the Sensex’s 8.65% rise. Over the last year, the stock’s return stands at a negative 32.56%, whereas the Sensex has appreciated by 7.31%. This underperformance highlights the growing investor concerns surrounding the company’s recent financial health and valuation.
On the day in question, the stock underperformed its sector by 0.51%, marking its third consecutive day of decline with a cumulative loss of 5....
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