Jai Corp Hits 52-Week Low Amid Significant Annual Decline in Textile Sector

Jan 14 2025 09:35 AM IST
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Jai Corp, a small-cap textile company, has reached a new 52-week low, with its stock price declining significantly over the past year. The stock has fallen consecutively for four days, underperforming the sector and trading below key moving averages, indicating a bearish trend.
Jai Corp, a small-cap player in the textile industry, has reached a new 52-week low, with its stock price hitting Rs. 160.3 on January 14, 2025. This decline signifies a notable downturn for the company, which has underperformed the sector by 1.79% today. Over the past four days, Jai Corp's stock has seen a consecutive fall, totaling a decline of 20.87%.

During today's trading session, the stock recorded an intraday high of Rs. 167.5, reflecting a modest increase of 2.04%, while it also touched a low of Rs. 160.3, down by 2.35%. Currently, Jai Corp is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In terms of annual performance, Jai Corp has faced a substantial decline of 60.11% over the past year, contrasting sharply with the Sensex, which has gained 5.69% during the same period.
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