JSW Energy Stock Falls -3.2% Amid Sector Underperformance, Receives 'Hold' Call from MarketsMOJO

JSW Energy, a leading player in the power generation and distribution industry, saw a decline of -3.2% in its stock price on November 25, 2024. This was in line with the overall underperformance of the sector, with the stock falling -3.8% compared to its peers.

According to MarketsMOJO, a leading financial analysis platform, the stock has been given a 'Hold' call. This is based on its recent performance and market trends.

The stock opened with a gain of 2.01% today, but touched an intraday low of Rs 667.3, resulting in a -3.2% decline. It also saw a high of Rs 710.9, with a 3.13% increase. This volatility in the stock price can be attributed to the current market conditions.

JSW Energy has been on a downward trend for the past 3 days, with a consecutive fall of -5.72% in its returns. However, it is still performing better than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the Sensex, JSW Energy's 1 day performance was -2.97%, while the Sensex saw a 1.25% increase. Over the past month, JSW Energy's performance has been 0.25%, slightly higher than the Sensex's 0.89% increase.

Overall, JSW Energy's stock has seen some fluctuations in its price, but it remains a strong player in the power generation and distribution industry. Investors are advised to keep a close eye on the stock's performance and market trends before making any investment decisions.