JSW Energy's Stock Sees Decline on November 18, Outperforms Market in Past Month

JSW Energy, a largecap company in the power generation and distribution industry, saw a decline of -3.06% in its stock price on November 18, 2024. This underperformance was reflected in the stock's day's low of Rs 708.2, which was -3.38% lower than the previous day's closing price.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for JSW Energy's stock is 'Hold'. This suggests that investors should hold onto their current positions in the company's stock.

In terms of moving averages, JSW Energy's stock is currently higher than its 20-day and 200-day moving averages. However, it is lower than its 5-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the stock's performance.

On the same day, the Sensex, India's benchmark stock index, saw a decline of -0.31%. In comparison, JSW Energy's stock performance was -3.19%, indicating a relatively weaker performance.

Over the past month, JSW Energy's stock has seen a positive growth of 4.42%, while the Sensex has declined by -4.78%. This suggests that the company's stock has outperformed the overall market in the past month.

Overall, JSW Energy's stock has shown a decline in its performance on November 18, 2024. However, the company's stock has been performing relatively well in the past month, outperforming the market. Investors should keep a close eye on the stock's performance in the coming days.