Jindal Worldwide's Stock Sees 7.05% Increase, Outperforms Sector on November 19, 2024
On November 19, 2024, Jindal Worldwide's stock price increased by 7.05%, in line with the sector's performance. The stock has been on a consecutive gain for the last two days, with a 3.76% increase. However, it is currently trading lower than its moving averages. In comparison to the Sensex, Jindal Worldwide's stock has shown a better 1-day and monthly performance.
Jindal Worldwide, a midcap textile company, saw a 7.05% increase in its stock price on November 19, 2024. This rise was in line with the overall performance of the sector, as the company outperformed the sector by 2.27%. The stock has been on a consecutive gain for the last two days, with a 3.76% increase in returns during this period.
On the same day, Jindal Worldwide's stock touched an intraday high of Rs 294.6, showing a 4.43% increase. However, the stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex performance, Jindal Worldwide's stock has shown a 1-day performance of 11.61%, while the Sensex has only seen a 1.16% increase. Over the past month, Jindal Worldwide's stock has performed better than the Sensex, with a 2.74% increase compared to the Sensex's -3.68% decrease.
Overall, Jindal Worldwide's stock has shown a positive trend in the past few days, with a strong performance on November 19, 2024. Investors should keep an eye on the company's stock as it continues to show potential for growth in the textile industry.
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