Jamna Auto Industries Ltd. Hits 52-Week Low, Stock Continues Downward Trend
Jamna Auto Industries Ltd., a smallcap auto ancillary company, has hit a 52-week low on November 19, 2024, with a decline of 11.19% in the past 8 days. The stock has been trading below its moving averages and has seen a negative return of -9.75% in the past year, indicating a bearish trend. Investors should conduct thorough research before making any investment decisions.
Jamna Auto Industries Ltd., a smallcap auto ancillary company, has recently hit a 52-week low on November 19, 2024. The stock has been on a downward trend for the past 8 days and has seen a decline of 11.19% during this period. Today, the stock underperformed the sector by -3.59% and touched an intraday low of Rs. 99.95.
According to MarketsMOJO, the stock call for Jamna Auto Industries Ltd. is 'Sell'. The company's stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In comparison to the Sensex performance of 17.91%, Jamna Auto Industries Ltd. has seen a negative return of -9.75% in the past year. This smallcap company operates in the auto ancillary industry and has been facing a downward trend in its stock price.
Investors should take note of the recent 52-week low and the consecutive fall in the stock price of Jamna Auto Industries Ltd. However, it is important to do thorough research and analysis before making any investment decisions.
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