Kewal Kiran Clothing Hits 52-Week Low Amidst Ongoing Market Challenges

Jan 13 2025 09:36 AM IST
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Kewal Kiran Clothing has faced notable volatility, reaching a new 52-week low of Rs. 536.65. The small-cap textile company has underperformed its sector and recorded a cumulative decrease over the past four days. Its annual decline of 27.39% contrasts with the Sensex's positive performance.
Kewal Kiran Clothing has experienced significant volatility today, reaching a new 52-week low with its stock price hitting Rs. 536.65. This decline represents a notable downturn for the small-cap textile company, which has underperformed its sector by 1.06%. Over the past four days, the stock has seen a cumulative decrease of 8.23%.

In today's trading session, Kewal Kiran Clothing recorded an intraday low of Rs. 536.65, reflecting a drop of 2.1%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a prevailing bearish trend.

From an annual perspective, Kewal Kiran Clothing has faced a decline of 27.39%, contrasting sharply with the Sensex's gain of 5.86% during the same timeframe. This performance underscores the challenges the company is navigating in the current market landscape.
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