JBM Auto's Stock Price Declines by -5.98% and Receives 'Sell' Recommendation from MarketsMOJO

JBM Auto, a midcap auto ancillary company, has seen a decline in its stock price by -5.98% on October 28th, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has recommended a 'Sell' for the company's stock.

The stock has underperformed the sector by -5.7% on the same day. In fact, JBM Auto has been on a downward trend for the past 5 days, with a consecutive fall of -15.59% in returns during this period. The stock also touched an intraday low of Rs 1470, which is a decrease of -6.47%.

JBM Auto's performance is also lower than various moving averages, including the 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in the company's stock price.

In comparison to the Sensex, JBM Auto's performance has been -5.75% in the past day and -18.60% in the past month. This is in contrast to the Sensex's performance of 0.19% and -7.04% in the same time periods.

Investors and experts are advised to take note of JBM Auto's recent decline in stock price and the 'Sell' recommendation by MarketsMOJO. It is important to monitor the company's performance and market trends before making any investment decisions.