JITF Infra Logistics Faces Continued Stock Decline Amid Broader Market Challenges
JITF Infra Logistics has encountered significant challenges, with its stock price declining for six consecutive days, resulting in a notable overall drop. The company is trading below multiple moving averages, reflecting a persistent bearish trend, while its performance contrasts sharply with the broader market and the logistics sector.
JITF Infra Logistics, a small-cap player in the logistics sector, has faced notable challenges today, experiencing a significant decline of 7.13% in its stock price. This marks the sixth consecutive day of losses for the company, contributing to an overall drop of 20.44% during this period. On January 13, 2025, JITF Infra Logistics reached an intraday low of Rs 555, reflecting a decrease of 6.72%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish trend.
In comparison to the broader market, JITF Infra Logistics' one-day decline of 6.56% stands in stark contrast to the Sensex, which fell by only 1.29%. Over the past month, the company's stock has plummeted by 24.41%, while the Sensex has seen a decline of 7.01%. The logistics sector overall has also faced headwinds, with a decrease of 2.88%.
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