Jayaswal Neco Industries Hits 52-Week Low Amid Broader Market Gains

Jan 31 2025 10:05 AM IST
share
Share Via
Jayaswal Neco Industries, a small-cap company in the steel sector, has reached a new 52-week low, reflecting a significant decline in performance over the past year. Despite outperforming its sector slightly, the stock trades below its moving averages, indicating a challenging market position.
Jayaswal Neco Industries, a small-cap player in the steel, sponge iron, and pig iron sector, has experienced significant activity today, reaching a new 52-week low of Rs. 35.46. This decline marks a notable point in the company's performance, particularly as it has underperformed the broader market over the past year, with a decrease of 22.77% compared to the Sensex's gain of 7.56%.

Despite today's drop, the stock has managed to outperform its sector by 0.97%. However, it is important to note that Jayaswal Neco Industries is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend indicates a challenging market position for the company within its industry. Investors and market watchers will be keen to observe how these dynamics evolve in the coming days as the company navigates its current financial landscape.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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