Kirloskar Electric Company's Stock Declines by -7.68% in Line with Sector Performance.

Kirloskar Electric Company, a smallcap company in the capital goods industry, saw a decline of -7.68% in its stock price on August 6th, 2024. This decline was in line with the overall performance of the sector, which saw a gain of 3.65%.

According to MarketsMOJO, a leading stock analysis platform, the stock of Kirloskar Electric Company has been underperforming the sector by -7.98%. It has also been on a downward trend for the past four days, with a total loss of -12.37% during this period.

On August 6th, the stock reached an intraday high of Rs 226.6, showing a 3.23% increase, but later fell to an intraday low of Rs 207.3, a decrease of -5.56%. The moving averages for the stock are currently higher than the 50-day, 100-day, and 200-day averages, but lower than the 5-day and 20-day averages.

In comparison to the overall market performance, Kirloskar Electric Company's stock has underperformed, with a -7.68% decline compared to the Sensex's -0.10% decline on the same day. Over the past month, the stock has also seen a decline of -4.52%, while the Sensex has seen a decline of -1.64%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. Investors are advised to conduct their own research and analysis before making any investment decisions.