Jubilant Foodworks' Stock Sees Dip, Underperforms Sector by 2.43% on October 29, 2024

Oct 29 2024 01:05 PM IST
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Jubilant Foodworks, a leading player in the lifestyle industry, saw a dip in its stock performance on October 29, 2024. According to MarketsMojo, the current stock call for the company is 'Hold'. The stock is currently higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a mixed trend. In comparison to the overall market performance, Jubilant Foodworks' stock has underperformed. Despite this, it remains a largecap company in the industry.

Jubilant Foodworks, a leading player in the lifestyle industry, has recently seen a dip in its stock performance. On October 29, 2024, the company's stock lost 3.02%, underperforming the sector by 2.43%. The stock touched an intraday low of Rs 570.05, a decrease of 2.84%.

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

In terms of moving averages, Jubilant Foodworks' stock is currently higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the company's stock performance.

In comparison to the overall market performance, Jubilant Foodworks' stock has underperformed. On the same day, the company's stock saw a decrease of 2.79%, while the Sensex saw a slight increase of 0.04%. Over the past month, Jubilant Foodworks' stock has seen a decline of 17.34%, while the Sensex has seen a decrease of 6.47%.

Despite the recent dip in stock performance, Jubilant Foodworks remains a largecap company in the lifestyle industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and data from reliable sources.
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