Kamdhenu Ventures Limited has seen its stock plummet by 41% over the last three days, currently trading at ₹33.60. The share price fell sharply from ₹58.35 on September 26 to ₹37.34 on September 30 and continued its downward slide, hitting the lower circuit today.
Financial Snapshot:
- Market Cap: ₹1,174 Crores
- Day Range: ₹33.60 – ₹33.60
- 52-Week High/Low: ₹58.60 / ₹27.00
- P/E Ratio: 110.5; P/B Ratio: 9.11
- Revenue (12M): ₹284 Crores
Price Movement:
The stock fell 20% on both September 27 and September 30, leading to a steep decline from its previous highs. Prior to this, Kamdhenu Ventures maintained stable trading above ₹55, making the sudden drop significant.
KAMDHENU VENTURES LIMITED Share Price history
| Day | Open | Close | Day’s change |
|---|---|---|---|
|
Mon, Sep 30 2024
|
₹37.34
|
₹37.34
|
-20.01%
|
|
Fri, Sep 27 2024
|
₹46.68
|
₹46.68
|
-20.00%
|
|
Thu, Sep 26 2024
|
₹58.20
|
₹58.35
|
|
|
Wed, Sep 25 2024
|
₹57.99
|
₹58.07
|
|
|
Tue, Sep 24 2024
|
₹56.93
|
₹57.39
|
|
|
Mon, Sep 23 2024
|
₹55.90
|
₹56.55
|
|
|
Fri, Sep 20 2024
|
₹55.45
|
₹55.71
|
|
|
Thu, Sep 19 2024
|
₹54.55
|
₹55.25
|
|
Company Overview:
Kamdhenu Ventures Limited, known as Kamdhenu Paints, is involved in the manufacturing and trading of decorative paints, TMT bars, and steel products. Its product range includes emulsions, primers, distempers, and metallic finishes.
The drastic drop in share price has raised eyebrows in the market, with investors closely watching the stock for any signs of recovery.