J Kumar Infraprojects Stock Declines 5.03% in One Day, Analysts Recommend 'Hold'

J Kumar Infraprojects, a midcap company in the capital goods industry, saw a decline of 5.03% in its stock on September 2nd, 2024. This underperformance was reflected in the stock's price summary, with the stock touching an intraday low of Rs 818.5, a decrease of 5.16%.

According to MarketsMOJO, a leading stock analysis platform, the stock's current call is 'Hold'. This is based on the stock's performance today, where it underperformed the sector by 4.83%.

In terms of moving averages, J Kumar Infraprojects is currently higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend for the stock in the short term.

Compared to the overall performance of the Sensex, J Kumar Infraprojects saw a decline of 5.09% in just one day, while the Sensex only had a 0.32% increase. Over the past month, the stock's performance has been -3.23%, while the Sensex has seen a 2.03% increase.

As a midcap company in the capital goods industry, J Kumar Infraprojects may face challenges in the current market conditions. Investors are advised to closely monitor the stock's performance and make informed decisions based on their own research and risk appetite.