Jain Marmo Industries Faces Heavy Selling Pressure, Stock Declines 5% Amid Ongoing Losses
Jain Marmo Industries Ltd is experiencing intense selling pressure, with its stock declining significantly over the past week and recording eight consecutive days of losses. The stock's recent performance indicates a shift in market sentiment, despite being above long-term moving averages.
Jain Marmo Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price down 5.00% in just one day, contrasting sharply with the Sensex, which has remained relatively stable with a decrease of only 0.01%. Over the past week, Jain Marmo Industries has lost 22.57%, while the Sensex fell by 2.13%. The stock has now recorded consecutive losses for the last eight days, accumulating a staggering 33.53% decline during this period. Today, it opened with a gap down of 5%, reaching an intraday low of Rs 28.31. The stock has been trading at this price without any significant range.
In terms of moving averages, Jain Marmo Industries is currently above the 100-day and 200-day moving averages but below the 5-day, 20-day, and 50-day averages, indicating a short-term weakness. The performance metrics reveal that while the stock has shown some resilience over the long term, its recent trends highlight a concerning shift in market sentiment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
