Jyoti Structures Faces Significant Stock Decline Amid Broader Market Challenges

Jyoti Structures, a small-cap player in the transmission towers sector, has faced notable challenges today, with its stock price declining by 7.21%. This drop is part of a broader trend, as the stock has underperformed relative to its sector, which experienced a decrease of 3.98%. Over the past two days, Jyoti Structures has accumulated a total loss of 11.99%.
On January 13, 2025, the stock opened with a gap down of 2.03% and reached an intraday low of Rs 22.35, marking a decline of 7.42%. Currently, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.

In comparison to the broader market, Jyoti Structures' one-day performance of -7.62% contrasts sharply with the Sensex, which fell by only 0.80%. Over the past month, the company's stock has plummeted by 33.85%, while the Sensex has seen a decrease of 6.55%. These metrics highlight the significant challenges facing Jyoti Structures in the current market environment.