JTL Industries' Stock Outperforms Sector and Sensex in One Day

Sep 24 2024 01:15 PM IST
share
Share Via
On September 24th, 2024, JTL Industries, a smallcap company in the steel/sponge iron/pig iron industry, showed a positive performance with a 7.18% increase in stock price, outperforming the sector by 1.75%. Despite being given a 'Sell' call by MarketsMojo, the stock traded above its moving averages, indicating a mixed trend. The steel/sponge iron/pig iron sector also saw a positive trend, potentially contributing to JTL Industries' stock performance. In just one day, the stock outperformed India's benchmark index, the Sensex, by 7.12%. This article provides a factual overview of JTL Industries' stock performance and does not offer any recommendations. Investors are advised to conduct their own research before making any investment decisions.


JTL Industries, a smallcap company in the steel/sponge iron/pig iron industry, saw a positive performance on September 24th, 2024. The stock gained 7.18%, outperforming the sector by 1.75%.

According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Sell' call. However, the stock showed high volatility during the day, with an intraday high of Rs 234, which is a 6.39% increase from the previous day's closing price.

JTL Industries' stock is currently trading above its 5-day, 50-day, 100-day, and 200-day moving averages, but below its 20-day moving average. This indicates a mixed trend in the short term.

In comparison, the steel/sponge iron/pig iron sector has gained 2.05% on the same day. This shows a positive trend in the sector, which could have contributed to JTL Industries' stock performance.

Looking at the overall performance, JTL Industries has outperformed the Sensex, India's benchmark index, by 7.12% in just one day. In the past month, the stock has gained 3.40%, while the Sensex has gained 4.80%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of JTL Industries' stock performance on September 24th, 2024. Investors are advised to do their own research and analysis before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News