Jupiter Wagons Faces Significant Stock Decline Amidst Market Volatility and Sector Underperformance

Jupiter Wagons, a midcap player in the auto ancillary sector, has experienced significant downward movement in its stock price today, declining by 5.6%. This performance marks a notable underperformance compared to its sector, which saw a relative decline of 5.1%. Over the past four days, the stock has faced consecutive losses, accumulating a total drop of 20.44%.
Intraday trading revealed a high of Rs 417.3, reflecting a gain of 5.35%, while the stock also hit a low of Rs 376.8, representing a decrease of 4.87%. The volatility of Jupiter Wagons has been pronounced today, with an intraday volatility rate of 5.68%, indicating fluctuating trading conditions.

In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Over the past month, Jupiter Wagons has seen a decline of 25.86%, contrasting with the Sensex, which has decreased by only 2.89%. These metrics highlight the challenges faced by Jupiter Wagons in the current market environment.