Jai Corp . sees 8.17% stock price growth, outperforms sector and market
On November 27, 2024, Jai Corp ., a midcap textile company, saw a 8.17% increase in its stock price, outperforming the sector by 3.5%. According to MarketsMojo, the stock is expected to perform in line with the market and its moving averages are higher than most. It has also outperformed the Sensex in the past day and month.
Jai Corp ., a midcap textile company, has seen a positive growth in its stock price on November 27, 2024. The stock has gained 8.17% on this day, outperforming the sector by 3.5%. The stock touched an intraday high of Rs 352.75, which is a 4.44% increase from the previous day's closing price.
According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Jai Corp . is 'Hold'. This means that the stock is expected to perform in line with the market and investors are advised to hold their positions.
The moving averages for Jai Corp . are higher than the 5 day, 20 day, 50 day, and 200 day moving averages. However, it is lower than the 100 day moving average. This indicates a positive trend in the stock's performance, but it is not as strong as the 100 day moving average.
In comparison to the overall market performance, Jai Corp . has outperformed the Sensex by 9.44% in the past day and 15.44% in the past month. This shows that the company's stock has been performing well in the recent period.
Overall, Jai Corp . has shown a positive growth in its stock price and has outperformed the sector and the market in the past day and month. Investors are advised to hold their positions in the stock, as per MarketsMOJO's recommendation.
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