Jhaveri Credits & Capital Experiences Revision in Stock Evaluation Amid Market Challenges

Jhaveri Credits & Capital, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently experienced a revision in its score, reflecting the ongoing challenges faced by the company. The stock has been under pressure, reaching a 52-week low, and has shown a notable decline over the past year, significantly underperforming compared to broader market indices.
On January 10, 2025, Jhaveri Credits & Capital's stock price was recorded at Rs 240, marking a decline of 3.71% from its recent low. The stock has been on a downward trajectory, with a total return of -3.39% over the last two days alone. During the trading session, the stock reached an intraday high of Rs 255.95, indicating a brief gain of 2.01%, but also saw an intraday low of Rs 242.95, which reflects a decrease of 3.17%.

The company's performance metrics reveal a concerning trend, as it currently trades below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This positioning suggests a challenging market environment for Jhaveri Credits & Capital, which has struggled to maintain investor confidence. In light of these developments, the stock has been added to MarketsMOJO's list, indicating a shift in evaluation that investors may want to monitor closely.

As the financial landscape continues to evolve, stakeholders will be keenly observing any further adjustments in Jhaveri Credits & Capital's performance and market positioning.