Jet Freight Logistics Faces Trading Challenges Amid Declining Investor Participation

Mar 05 2025 01:00 PM IST
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Jet Freight Logistics Ltd faced significant trading activity as its stock hit the lower circuit limit, closing at Rs 11.70 after reaching a new 52-week low. The stock underperformed the logistics sector, with declining investor participation and trading volumes indicating ongoing challenges in the market.
Jet Freight Logistics Ltd, a microcap player in the logistics industry, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at Rs 11.70, reflecting a decline of Rs 0.07. Notably, the stock reached a new 52-week low of Rs 11.18 during the trading session, indicating a challenging day for investors.

The stock's performance today underperformed the sector, with a 1D return of -0.59%, while the logistics sector itself gained 3.33%. The total traded volume was approximately 0.34942 lakh shares, resulting in a turnover of Rs 0.04039 crore. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a persistent downward trend.

Additionally, investor participation appears to be waning, with delivery volume dropping by 32.45% compared to the 5-day average. As Jet Freight Logistics navigates these market challenges, the overall performance reflects a notable struggle within the current trading environment.
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