Jai Corp. Sees Revision in Its Score Amid Market Volatility and Performance Trends
Jai Corp. has recently undergone a revision in its score, reflecting the stock's current challenges amid market fluctuations. Despite a notable decline in the short term, the company has shown resilience with a positive performance over the past month, leading to its addition to MarketsMojo's list.
On December 16, 2024, Jai Corp., a midcap player in the textile industry, faced a decline of 5.21%, continuing a downward trend that has seen it underperform its sector. The stock experienced a total drop of 7.13% over the last three days. During intraday trading, Jai Corp. reached a high of Rs 384.55, reflecting a gain of 2.75%, while it also hit a low of Rs 355.15. The stock's performance over one day showed a decline of 5.30%, contrasting with the Sensex's modest fall of 0.50%. However, over the past month, Jai Corp. has demonstrated a robust increase of 18.17%, significantly outperforming the Sensex's gain of 5.34%.
Currently, Jai Corp. is rated as 'Hold' by MarketsMojo, with its moving averages indicating it is above the 20-day, 50-day, 100-day, and 200-day averages, but below the 5-day moving average.
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