Jai Corp Ltd. Sees Significant Recovery Amidst Previous Declines in Textile Sector

Mar 18 2025 10:00 AM IST
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Jai Corp Ltd., a small-cap textile company, experienced a notable surge today, hitting its upper circuit limit after five days of decline. The stock reached an intraday high of Rs 92.34, with a total traded volume of approximately 2.58 lakh shares, indicating a strong market rebound.
Jai Corp Ltd., a small-cap player in the textile industry, has captured attention today by hitting its upper circuit limit. The stock reached an intraday high of Rs 92.34, reflecting a notable increase of 4.99% during the trading session. This surge comes after a period of five consecutive days of decline, marking a significant trend reversal for the company.

The last traded price (LTP) stood at Rs 91.55, with a change of Rs 3.6, translating to a percentage change of 4.09%. The stock's performance today outpaced its sector by 3.22%, indicating a strong rebound in market activity. Total traded volume reached approximately 2.58 lakh shares, contributing to a turnover of Rs 2.34 crore.

Despite the positive movement, Jai Corp is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is 4.84% away from its 52-week low of Rs 87.25. Overall, Jai Corp's performance today reflects a significant recovery, showcasing its resilience in a challenging market environment.
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