Shri Kanha Stain

Why is Shri Kanha Stainless Ltd falling/rising?

As of 09-Jul, the stock price of Shri Kanha Stainless Ltd is at 24.50, unchanged from the previous session, but it has declined 3.92% in the last week and 12.50% in the past month. The stock is trading below its moving averages and has seen decreased investor participation, indicating a bearish trend.

As of 09-Jul, the stock price of Shri Kanha Stainless Ltd is currently at 24.50, showing no change from the previous trading session. However, the stock has been experiencing a downward trend, as evidenced by its performance over various periods. In the last week, the stock has declined by 3.92%, and over the past month, it has fallen by 12.50%. Year-to-date, the stock is down 19.67, which is significantly worse than the Sensex, which has only decreased by 8.29% during the same period.<BR><BR>Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Investor participation has also decreased, with a delivery volume of 4.8k on July 8, which represents an 11.76% drop compared to the 5-day average delivery volume. This decline in trading activity suggests a lack of confidence among investors.<BR><BR>Overall, the combination of poor recent performance, trading below moving averages, and falling investor participation contributes to the stock's downward movement.

Which are the latest news on Shri Kanha Stain?

What does Shri Kanha Stain do?

Shri Kanha Stainless Ltd is a Micro Cap company in the Iron & Steel Products industry, incorporated in 2015, with no recent sales or profit data available. It has a market cap of INR 44 Cr, a P/E ratio of 5.00, and a return on equity of 71.86%.

Overview:<BR>Shri Kanha Stainless Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on July 10, 2015, originally as 'Kanha Stainless Private Limited'. It later changed its name to 'Shri Kanha Stainless Private Limited' on November 09, 2017. There is no sales or profit data available for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 44 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 5.00<BR>Industry P/E: 37<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.35<BR>Return on Equity: 71.86%<BR>Price-to-Book: 3.59<BR><BR>Contact Details:<BR>Address: Not available<BR>Phone: Not available<BR>Email: Not available<BR>Website: Not available

Who are the peers of the Shri Kanha Stain?

Peers of Shri Kanha Stain include Swastik Pipe, Abha Power, Newmalayalam St., Nova Iron & Steel, Metal Coatings, Umiya Tubes, and Dhatre Udyog, with varying management risks and growth ratings. Newmalayalam St. has the highest 1-year return at -29.22%, while Swastik Pipe has the lowest at -41.16%.

Peers: The peers of Shri Kanha Stain are Swastik Pipe, Abha Power, Newmalayalam St., Nova Iron &Steel, Metal Coatings, Umiya Tubes, and Dhatre Udyog.<BR><BR>Quality Snapshot: Below Average management risk is observed at Swastik Pipe, Newmalayalam St., Metal Coatings, Umiya Tubes, and Dhatre Udyog, while Average management risk is found at Abha Power. Nova Iron &Steel does not qualify for a management risk rating. Growth is rated as Below Average for Swastik Pipe, Abha Power, Newmalayalam St., Metal Coatings, Umiya Tubes, and Dhatre Udyog, while Nova Iron &Steel does not qualify. Capital Structure is rated as Good at Newmalayalam St. and Metal Coatings, while Average is found at Abha Power, and Below Average at Swastik Pipe, Umiya Tubes, Dhatre Udyog, and Nova Iron &Steel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Newmalayalam St. at -29.22%, while the peer with the lowest is Swastik Pipe at -41.16%. Shri Kanha Stain's 1-year return is not available for comparison. Additionally, peers with a negative six-month return include Swastik Pipe, Abha Power, Newmalayalam St., and Dhatre Udyog.