Posted On: September 13, 2023
Stock Report: KIRLOSBROS(NSE) 12 Sep 2023
Sector: Financial Services
Industry: Specialty Industrial Machinery
Kirloskar Brothers Ltd is an Indian pump manufacturing company. It manufactures industrial, agriculture, and domestic pumps, valves, and hydro turbines for various applications. The company is also engaged in providing fluid management solutions for large-scale infrastructure projects across different areas such as water supply, power plants, irrigation, oil and gas, marine, and defence. The products and services that the company offers include designing and developing centrifugal and vertical turbine pumps, hydro turbines, end suction pumps, slipcase pumps, Franci’s turbines, Kaplan turbines, and others. The company sells its products in India and internationally, of which most of the revenue is derived from its operations in India.
#xCalData predicts that # KIRLOSBROS will continue its bearish phase over the next five days and trend within the range of 780 to 843.
In comparison to the previous month, the price of the stock has experienced a decline of 9.62% indicating a bearish.
The Stock has doubled once since 14 Dec 2015 and took an average of 2.0 years to double.
The stock has shown seasonality trend in the past.
Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 5 years in the past.
Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely Relative Strength indicate Bullish view.
Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days.
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