Kirloskar Electric Company Ltd's Stock Underperforms in Capital Goods Sector

Kirloskar Electric Company Ltd, a smallcap company in the capital goods industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a loss of -5.96% on the day of opening. This underperformance is -2.18% compared to the sector.

The stock has been on a downward trend for the past three days, with a fall of -7.99% during this period. Today, it opened with a gap down of -5.96% and touched an intraday low of Rs 218.2 (-6.75%). However, it is still performing better than the 50 day, 100 day, and 200 day moving averages, but lower than the 5 day and 20 day moving averages.

In the capital goods sector, there has been a decline of -3.6%, which could be a contributing factor to the stock's underperformance. In comparison to the Sensex, Kirloskar Electric Company Ltd has seen a 1 day performance of -4.00% while the Sensex has only seen a -1.81% performance. Over the past month, the stock has seen a positive performance of 5.84%, while the Sensex has seen a slight decline of -0.60%.

Overall, Kirloskar Electric Company Ltd's stock has been on a downward trend and has been given a 'Sell' call by MarketsMOJO. Investors should keep an eye on the stock's performance and the capital goods sector as a whole.