Jindal Saw Ltd. Stock Declines by -4.34% on October 3rd, Reflecting Underperformance in the Market.

Jindal Saw Ltd., a largecap company in the steel, sponge iron, and pig iron industry, has seen a decline in its stock price by -4.34% on October 3rd, 2024. This underperformance is reflected in the stock's current 'Hold' rating by MarketsMOJO.

The stock has been on a downward trend for the past three days, with a fall of -4.23% during this period. On October 3rd, the stock touched an intraday low of Rs 704, a decrease of -4.14%. However, Jindal Saw Ltd.'s moving averages are still higher than the 50-day, 100-day, and 200-day moving averages, but lower than the 5-day and 20-day moving averages.

In comparison to the overall market performance, Jindal Saw Ltd. has underperformed with a -4.34% decline, while the Sensex has only seen a -2.09% decrease. Over the past month, the stock has also seen a decline of -1.56%, while the Sensex has only decreased by -0.06%.

Despite these recent declines, Jindal Saw Ltd. remains a largecap company in the steel, sponge iron, and pig iron industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and data from the company's performance.