JBM Auto's Stock Price Declines -5.26% Amidst Bearish Trend and 'Sell' Call from MarketsMOJO

Nov 12 2024 01:35 PM IST
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JBM Auto, a midcap company in the auto ancillary industry, saw a -5.26% decline in its stock price on November 12, 2024. The stock has been on a downward trend for the past 4 days, underperforming the sector by -4.16%. It is currently trading below its moving averages and has seen a -17.25% decline in the past month compared to the Sensex's -3.05% decline. Investors and experts are advised to monitor the stock closely.

JBM Auto, a midcap company in the auto ancillary industry, has seen a decline in its stock price on November 12, 2024. The stock has lost -5.26% and is currently trading at Rs. 1463.45. MarketsMOJO has given a 'Sell' call for the stock.

In terms of performance, JBM Auto has underperformed the sector by -4.16% today. The stock has been on a downward trend for the past 4 days, with a fall of -9.89% during this period. The stock also touched an intraday low of Rs. 1463.45, a decrease of -5.46%.

JBM Auto is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend in the stock.

In comparison to the Sensex, JBM Auto's performance has been lower, with a -5.04% decline in the past day and a -17.25% decline in the past month. In contrast, the Sensex has only seen a -0.75% decline in the past day and a -3.05% decline in the past month.

Investors and experts are advised to closely monitor the performance of JBM Auto in the coming days, as the stock continues to face downward pressure. This news is for informational purposes only and does not constitute a recommendation to buy or sell the stock. Stay tuned for further updates on JBM Auto's performance in the auto ancillary industry.
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