Kalyani Forge Experiences Revision in Its Score Amid Strong Market Performance

Kalyani Forge, a microcap player in the castings and forgings industry, has recently made headlines as it reached a new 52-week high of Rs. 743.95. This milestone was achieved on January 6, 2025, marking a significant moment for the stock, which has demonstrated strong performance metrics over the past year, boasting a remarkable increase of 65.42%, significantly outpacing the Sensex's 10.30% growth.
In today's trading session, Kalyani Forge outperformed its sector by 3.16%, continuing a positive trend with consecutive gains over the last two days, resulting in a total return of 7.99% during this period. The stock opened with a notable gain of 3.68% and reached an intraday high of Rs. 743.95, reflecting its strong market position.

Additionally, Kalyani Forge has been added to MarketsMOJO's list, indicating a revision in its evaluation. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting its robust performance amidst high volatility, which saw an intraday fluctuation of 20.67%.