Jyoti Resins and Adhesives' Stock Sees Decline, Underperforms Sector and Market

Jyoti Resins and Adhesives, a smallcap company in the chemicals industry, has recently seen a decline in its stock price. On March 12, 2024, the company's stock lost -7.22%, underperforming the sector by -6.01%. This marks the second consecutive day of losses for the company, with a total decline of -7.91% in this period.

The stock's performance today was also reflected in its intraday low of Rs 1225, a decrease of -6.84%. Additionally, Jyoti Resins is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Jyoti Resins' stock has underperformed. On the same day, the Sensex saw a positive performance of 0.27%, while Jyoti Resins' stock saw a decline of -6.92%. In the past month, the company's stock has also seen a decline of -9.69%, while the Sensex has seen a positive performance of 3.70%.

It is important to note that this article is based on factual information and does not include any external data or sources. As a smallcap company in the chemicals industry, Jyoti Resins and Adhesives' stock performance may be subject to market fluctuations and investors are advised to do their own research before making any investment decisions.